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Home Q & A Board Other Fields Homework Help Business Accounting
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coleshear coleshear
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A year ago
You are performing the audit of Jenkins and Company. Your tests of controls and tests of transactions for accounts payable demonstrate that the controls are operating effectively. This would normally allow you to

▸ eliminate the need for substantive testing of balances for accounts payable.

▸ reduce the need for substantive testing of balances for accounts payable.

▸ reduce control tests in other transactions cycles.

▸ increase the need for substantive testing of balances for accounts payable.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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GremGrem
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A year ago
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