A typical control over debt accounts would be to have the external auditor approve all new debt

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A typical control over debt accounts would be to have the external auditor approve all new debt issues, including approving the interest rate and repayment schedule.

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Auditing A Risk Based Approach

ISBN: 9780357721872

12th Edition

Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg

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Question Posted: Sep 22, 2023 03:21 PM

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A typical control over debt accounts would be to have the external auditor approve all new debt

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Auditing A Risk Based Approach

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