Question
Using the quantitative approach to audit risk model, calculate DR for each of the following clients: Client A: IR=35%, CR=35%, AR= 10%; Client B: IR=50%,
Using the quantitative approach to audit risk model, calculate DR for each of the following clients: Client A: IR=35%, CR=35%, AR= 10%; Client B: IR=50%, CR=70%, AR= 5%; Client C: IR=60%, CR=70%, AR= 10%; Client D: IR=80%, CR=90%, AR= 5%;
Indicate which client would require the most extensive substantive testing?
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An Introduction To Business Accounting For Managers
Authors: W. C. F. Hartley
3rd Edition
0080240623, 978-0080240626
