Question: In assessing inherent risk for purchasing process assertions, the auditor should O consider pervasive factors influencing the understatement or overstatement of receivables and expenses consider

In assessing inherent risk for purchasing process assertions, the auditor should O consider pervasive factors influencing the understatement or overstatement of receivables and expenses consider pervasive factors influencing the correct statement of payables and expenses O rely on the opinions formed by the internal audit function consider pervasive factors influencing the understatement or overstatement of payables and expenses

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