Question: Auditors have found that generally the most efficient and effective way to conduct audits is to A . obtain assurance about the ending balance of
Auditors have found that generally the most efficient and effective way to conduct audits is to
A obtain assurance about the ending balance of the account only.
B obtain complete assurance about the correctness of each class of transactions affecting the account.
C obtain some combination of assurance for each class of transactions and for the ending balance in the related accounts.
D verify each entry that was made into an account.
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