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As a Part of the Planning Process,auditors Develop an Audit

Question 84

Essay

As a part of the planning process,auditors develop an audit strategy,an audit plan,and a time budget.
a.Describe an audit strategy and explain its purpose.
b.Describe an audit plan and explain its purpose.
c.Describe a time budget and explain its purpose.

Correct Answer:

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a.The overall audit strategy involves de...

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