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Discuss the Following Audit Procedures,giving an Example of Each Procedure

Question 109

Essay

Discuss the following audit procedures,giving an example of each procedure using the revenue process.a.Analytical procedures
b.Inspection
c.Observation
d.Inquiry
e.External confirmation
f.Recalculation
g.Reperformance

Correct Answer:

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a.When the auditor performs analytical p...

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