Prevention controls are those applied to each transaction during normal processing that are intended to stop fraud or errors from occurring.
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Q11: In inquiry, the auditor is not allowed
Q12: The auditors should plan to test each
Q13: The fourth step in assessing control risk
Q14: The two levels of internal control are
Q15: Once auditors understand the flow of transactions,
Q17: Tolerable deviation rate is the maximum rate
Q18: The flow of a transaction, and the
Q19: Entity-level controls involve _.
A)all five components of
Q20: Attribute sampling is a technique used to
Q21: Most companies design detection controls _.
A)to ensure
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