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  3. Study Set
    Auditing and Assurance
  4. Exam
    Exam 7: Internal Control, Understanding the Clients Internal Control Over Financial Reporting and Auditing Design Effectiveness
  5. Question
    Auditors Must Understand the Flow of Transactions in Order to Identify
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Auditors Must Understand the Flow of Transactions in Order to Identify

Question 28

Question 28

True/False

Auditors must understand the flow of transactions in order to identify likely sources of financial statement misstatements.

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