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    Accounting Information Systems Study Set 1
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    Exam 7: Auditing Information Technology-Based Processes
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    Because It Is Not Possible to Test All Transactions and Balances
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Because It Is Not Possible to Test All Transactions and Balances

Question 77

Question 77

Multiple Choice

Because it is not possible to test all transactions and balances, auditors rely on this to choose and test a limited number of items and transactions and then make conclusions about the balance as a whole.


A) Sampling
B) Materiality
C) Compliance
D) Substance

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