Question: When testing the controls for the completeness transaction - related audit objectives, failure to recond the acquisition of goods or services will generally underitate net
When testing the controls for the completeness transactionrelated audit objectives,
failure to recond the acquisition of goods or services will generally underitate net income.
fallure to receed the vandiation ef eoods or serfter har no Impuct on the basunce theet.
It is generally easy for the auditor to determine whether unreconded tramactions exist.
the adit time for accounts payplile ean be redreed at the elient has effecthe foternaf controls and the auditor properly tests those controls.
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