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  3. Study Set
    Auditing and Assurance Services Study Set 1
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    Exam 10: Section 404 Audits of Internal Control and Control Risk
  5. Question
    When Internal Controls Over a Given Financial Statement Account Are
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When Internal Controls Over a Given Financial Statement Account Are

Question 35

Question 35

True/False

When internal controls over a given financial statement account are assessed as highly effective, the auditor need not obtain audit evidence for that account beyond testing the controls.

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