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Author Question: In the context of an audit of financial statements, substantive tests are audit procedures that (Read 146 times)

shivanipalawai@gmail.com

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on: Aug 21, 2022

Question 1

Collectively, procedures performed to obtain an understanding of the entity and its environment, including internal controls, represent the auditor's
◦ audit strategy.
◦ tests of controls.
◦ risk assessment procedures.
◦ tests of transactions.

Question 2

In the context of an audit of financial statements, substantive tests are audit procedures that
◦ may be eliminated under certain conditions.
◦ are designed to discover significant subsequent events.
◦ are designed to test for dollar misstatements.
◦ will increase proportionately with the auditor's reliance on internal control.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by shivanipalawai@gmail.com on Aug 21, 2022

Afvelasquez

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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shivanipalawai@gmail.com

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Reply 2 on: Aug 21, 2022
:D TYSM

bdobbins

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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