Before applying substantive tests to the details of asset accounts at an interim date, an auditor should

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Before applying substantive tests to the details of asset accounts at an interim date, an auditor should assess

a. Control risk at below the maximum level.

b. Inherent risk at the maximum level.

c. The difficulty in controlling the incremental audit risk.

d. Materiality for the accounts tested as insignificant.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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