Explain the relationships among the initial assessed level of control risk, tests of controls for cash disbursements,

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Explain the relationships among the initial assessed level of control risk, tests of controls for cash disbursements, and tests of details of cash balances. Give one example in which the conclusion reached about internal controls in cash disbursements would affect the tests of cash balances. Discuss.
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Auditing The Art and Science of Assurance Engagements

ISBN: 978-0133405507

13th Canadian edition

Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Joanne C. Jones

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