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In the Context of an Audit of Financial Statements,substantive Tests

Question 26

Multiple Choice

In the context of an audit of financial statements,substantive tests are audit procedures that


A) may be eliminated under certain conditions.
B) are designed to discover significant subsequent events.
C) may be either direct tests of financial balances or analytical tests.
D) will increase proportionately with the auditor's reliance on internal control.

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