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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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    If Control Risk Is Assessed at Maximum, Only Substantive Tests
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If Control Risk Is Assessed at Maximum, Only Substantive Tests

Question 74

Question 74

True/False

If control risk is assessed at maximum, only substantive tests of transactions will be used by the auditor, assuming the audit is of a smaller public company, a nonpublic company, or other type of entity.

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