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Author Question: Which of the following is an accurate statement regarding the risk assessment process of phase I of ... (Read 47 times)

mustachegiraffe

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on: Aug 21, 2022
Which of the following is an accurate statement regarding the risk assessment process of phase I of the audit process for the sales and collection cycle?
◦ Auditors must perform substantive tests related to assertions deemed to have significant risks.
◦ The auditor must relate control risk for transaction-related audit objectives to balance-related audit objectives in deciding planned inherent risk.
◦ The realizable value balance-related audit objectives are affected by assessed control risk for classes of transactions.
◦ All of these are accurate statements.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by mustachegiraffe on Aug 21, 2022

GoldenBrown

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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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mustachegiraffe

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Reply 2 on: Aug 21, 2022
Wow, this really help

TheDev123

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

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