What are compensating controls? When would an auditor need to identify compensating controls, and how can the
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What are compensating controls? When would an auditor need to identify compensating controls, and how can the auditor determine whether they serve their intended purpose? For example, what would be possible compensating controls for not having separate personnel collect cash from customers and record that a sale has occurred for a fashion retailer?
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Related Book For
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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