The following audit procedures may be used in tests of controls and substantive tests. Give one example

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The following audit procedures may be used in tests of controls and substantive tests. Give one example of use as a test of controls and one example of use as a substantive test for each procedure.

a. Inspection

b. Inquiry

c. Observation

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Auditing Concepts And Methods A Guide To Current Auditing Theory And Practice

ISBN: 9780070099999

5th Edition

Authors: Mcgraw-Hill

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Question Posted: May 08, 2024 01:00 PM

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The following audit procedures may be used in tests of controls and substantive tests. Give one example

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examples of how each audit procedure can be used as both a test of controls and a substantive test a Inspection Test of Controls Example The auditor i...View the full answer

Auditing Concepts And Methods A Guide To Current Auditing Theory And Practice

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