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  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts
  5. Question
    When Auditing Insurance Expense, Auditors Normally Rely on Analytical Procedures
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When Auditing Insurance Expense, Auditors Normally Rely on Analytical Procedures

Question 103

Question 103

True/False

When auditing insurance expense, auditors normally rely on analytical procedures and limited testing of the debits to ensure that they arose from credits to prepaid insurance.

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