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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
    When Designing Substantive Tests of Transaction for Sales, the Auditor
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When Designing Substantive Tests of Transaction for Sales, the Auditor

Question 49

Question 49

Essay

When designing substantive tests of transaction for sales, the auditor is concerned with several types of misstatements. What are these types of misstatements and are they intentional or unintentional?

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The auditor is concerned with sales bein...

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