Describe the following audit procedures,providing an example of how each procedure could be used to gather evidence for the accounting process using the types of tests specified below.Acquisition and Expenditure Process-Internal Control tests
a.Inquiry
b.Observation
Acquisition and Expenditure Process-Substantive tests
c.Confirmation
d.Analytical procedures
e.Recalculation

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The Answer of Describe the following audit procedures,providing an example of how each procedure could be used to gather evidence for the accounting process using the types of tests specified below.Acquisition and Expenditure Process-Internal Control tests a.Inquiry b.Observation Acquisition and Expenditure Process-Substantive tests c.Confirmation d.Analytical procedures e.Recalculation

Describe the Following Audit Procedures,providing an example of How Each