Question: Chapter 0 3 Exercise 4 7 LO 3 - 4 Required: Auditors use different types of audit procedures to gather the evidence necessary to conclude

Chapter

03

Exercise

47

3 - 4

Required:

Auditors use different types of audit procedures to gather the evidence necessary to conclude that the risk of material misstatement for each relevant assertion has been reduced to an acceptably low level.

Identify the type of procedure used by auditors for each of the following examples.

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