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Which of these statements is/are correct? I When auditors examine documentation to support recorded transactions and amounts, the process is called tracing and is a

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Which of these statements is/are correct? I When auditors examine documentation to support recorded transactions and amounts, the process is called tracing and is a way to gather audit evidence. Il Physical examination is a method of gathering evidence to examine the ownership of tangible assets by the auditor. Select one: O a. Both I and II are correct O b. Both I and II are incorrect O c. ll only O d. I only

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