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Which of the following are true for the audit of International Bank? ( Several choices may be correc The auditor will test the entity -
Which of the following are true for the audit of International Bank? Several choices may be correc
The auditor will test the entitylevel controls for International Bank.
When the auditor tests controls, they will select those controls that will provide the most effil
evidence.
How often the control is performed will impact the number of items to be tested.
The control environment at International Bank would impact the number of items the auditor
decided to test the controls.
Tests of controls are only done at year end.
Documentation of controls can be done by narrativ shmpr flow charts.
The auditor needs to investigate any control exceptions.
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