Client closing procedures: (a) Are routine transactions that do not have an impact on audit risk. (b)
Question:
Client closing procedures:
(a) Are routine transactions that do not have an impact on audit risk.
(b) Are the responsibility of those charged with governance who must ensure that transactions are recorded in the correct accounting period.
(c) Affect expense accounts only.
(d) All of the above.
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Related Book For
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
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