To obtain an understanding of a continuing client's business in planning an audit, an auditor most likely

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To obtain an understanding of a continuing client's business in planning an audit, an auditor most likely would

a. Perform tests of details of transactions and balances.

b. Review prior-year working papers and the permanent file for the client.

c. Read specialized industry journals.

d. Reevaluate the client's internal control environment.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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