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When an Auditor Performs Tests of Details of Balances, the Concern

Question 127

Multiple Choice

When an auditor performs tests of details of balances, the concern is determining:


A) both the effectiveness of controls and the monetary correctness of the transactions.
B) whether the deviation rate in the population is sufficiently low to justify reducing substantive testing.
C) whether the account balance being audited is fairly stated.
D) all of the above

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