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When obtaining an understanding of an entity's internal control in a financial statement audit at a non-public company, an auditor is not obligated to: Multiple

When obtaining an understanding of an entity's internal control in a financial statement audit at a non-public company, an auditor is not obligated to:

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  • determine whether the control activities have been placed in operation.

  • document the understanding of the company's internal control system.

  • search for significant deficiencies in the operation of the internal control system.

  • perform procedures to understand the design of the internal control system.

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