Question: Michael and Sonya, two audit managers are discussing year - eend versus interim procedures with a new audit staff associate, Kai. Kai is trying to

Michael and Sonya, two audit managers are discussing year

-

eend versus interim procedures with a new audit staff associate, Kai. Kai is trying to understand why some accounts are tested in the interim periods and others at year end. Michael and Sonya's best response to this question would be which of the following?

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