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Which statement is not true The primary planning analytical procedure for stockholders' equity accounts is a comparison of current year account balances with prior year
Which statement is not true
The primary planning analytical procedure for stockholders' equity accounts is a comparison of current year account balances with prior year account balances
The auditor will usually decide to test debt, including interest, using only substantive procedures
If the auditor wants to rely on controls for the financial statement audit, the auditor would test the operatingeffectiveness of those controls throughout the year
When planning the audit related to debt, the auditor should not have expectations as to the nature and magnitude ofany account balance changes because they might bias the outcome of the audit
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