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ryanolson41 ryanolson41
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Which of the following statements is true regarding the distinction between general audit objectives and specific audit objectives for each class of transactions?

▸ The specific audit objectives are applicable to every class of transactions.

▸ The general audit objectives are applicable to every class of transactions.

▸ Once the specific transaction-related audit objectives are established, they can be used to develop the general transaction-related objectives.

▸ For any given class of transactions, usually only one audit objective must be met to conclude the transactions are properly recorded.
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Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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hmging94hmging94
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