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An exception in a test of control provides only an indication of the likelihood of monetary ...
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An exception in a test of control provides only an indication of the likelihood of monetary ...
An exception in a test of control provides only an indication of the likelihood of monetary misstatements in the financial statements because tests of controls do
not
reveal whether monetary misstatements have actually occurred.
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Textbook
Auditing and Assurance Services
Edition:
17
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Authors:
Arens, Elder, Beasley, Hogan
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