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    Auditing and Assurance Services Study Set 2
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    Exam 13: Overall Audit Strategy and Audit Program
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    Substantive Tests Are Procedures Designed to Test for Dollar Misstatements
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Substantive Tests Are Procedures Designed to Test for Dollar Misstatements

Question 28

Question 28

True/False

Substantive tests are procedures designed to test for dollar misstatements that directly affect the correctness of financial statements balances and disclosures. Substantive tests are often called monetary misstatements.

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