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Which of the following procedures would an auditor most likely include in the planning phase of a financial statem audit? Identify specific internal control activities
Which of the following procedures would an auditor most likely include in the planning phase of a financial statem
audit?
Identify specific internal control activities designed to prevent fraud.
Obtain an understanding of the entity's risk assessment process.
Evaluate the reasonableness of the entity's accounting estimates.
Perform cutoff tests of the entity's sales and purchases.
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