a. Contrast the focus of tests of details of balances versus tests of details of transactions. b.

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a. Contrast the focus of tests of details of balances versus tests of details of transactions.

b. What is the relative effectiveness and costliness of tests of details of balances?

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Modern Auditing

ISBN: 9780471596875

6th Edition

Authors: William C. Boynton, Walter G. Kell

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Question Posted: May 10, 2024 02:00 AM

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a. Contrast the focus of tests of details of balances versus tests of details of transactions. b.

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ANSWER a Tests of details of balances and tests of details of transactions are both important components of substantive testing in auditing but they f...View the full answer

Modern Auditing

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