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  3. Study Set
    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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    Auditing Standards Indicate That If the Auditor Identifies a Significant
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Auditing Standards Indicate That If the Auditor Identifies a Significant

Question 19

Question 19

True/False

Auditing standards indicate that if the auditor identifies a significant risk at the assertion level, the auditor is not required to perform substantive procedures.

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