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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 5: Overall Audit Strategy, Audit Program, Audit of the Sales and Collection Cycle, Audit Sampling for Tests of Controls and Substantive Tests of Transactions
  5. Question
    Substantive Tests of Transactions Are the Most Expensive Type of Audit
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Substantive Tests of Transactions Are the Most Expensive Type of Audit

Question 34

Question 34

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Substantive tests of transactions are the most expensive type of audit test to perform.

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