Question: Explain why the auditor must study and evaluate the system of internal control and test its effectiveness as a part of the ordinary audit.
Explain why the auditor must study and evaluate the system of internal control and test its effectiveness as a part of the ordinary audit.
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The auditor must study and evaluate the system of internal control and test its effectiveness as a part of the ordinary audit for several reasons 1 Reliance on Internal Controls Internal controls are ... View full answer
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