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    Auditing and Assurance Services Study Set 2
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    Exam 14: Audit of the Sales and Collection Cycle: Tests of Controls
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    The Extent of Tests of Controls in Audits of Nonpublic
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The Extent of Tests of Controls in Audits of Nonpublic

Question 97

Question 97

True/False

The extent of tests of controls in audits of nonpublic companies depends on the effectiveness of the controls and the extent to which the auditor believes they can be relied on to reduce control risk.

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