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    Auditing Assurance Services
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    Exam 6: Internal Control in a Financial Statement Audit
  5. Question
    In Terms of an Audit, Define Substantive Strategy and Reliance
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In Terms of an Audit, Define Substantive Strategy and Reliance

Question 68

Question 68

Essay

In terms of an audit, define substantive strategy and reliance strategy. Include in your definition how the different strategies relate to internal control. Which strategy would best relate to a lower control risk?

Correct Answer:

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A substantive strategy means that the au...

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