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aramo023 aramo023
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Two key concepts that underlie management's design and implementation of internal control are

▸ costs and materiality.

▸ absolute assurance and costs.

▸ inherent limitations and reasonable assurance.

▸ collusion and materiality.
Textbook 

Auditing and Assurance Services


Edition: 17th
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isaw09isaw09
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More questions for this book are available here
inherent limitations and reasonable assurance.

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