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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 20: Audit of the Payroll and Personnel Cycle
  5. Question
    Generally, Is the Inherent Risk Level for the Audit of the Payroll
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Generally, Is the Inherent Risk Level for the Audit of the Payroll

Question 46

Question 46

Essay

Generally, is the inherent risk level for the audit of the payroll and personnel set at low, moderate, or high?
Explain.

Correct Answer:

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Generally inherent risk is set low since...

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