Multiple Choice
Michael Fernandez has decided to perform substantive procedurat a major retailer. Which one of the following is not a substantive procedure?
A) re-performing control procedures to test their effectiveness
B) inspecting documents to verify the dates of the transactions
C) bank confirmations regarding interest rates on borrowings by client
D) recalculating an interest expense using confirmed interest rates
Correct Answer:
Verified
Correct Answer:
Verified
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