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Home Q & A Board Other Fields Homework Help Business Accounting
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jesshalavi jesshalavi
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A year ago
When assessing risks affecting cash,

▸ if a business defers preparing bank reconciliations for long periods, the value of the control is reduced and may affect the auditor's assessment of control risk for cash.

▸ most companies are likely to have significant client business risks affecting their cash balances.

▸ there is a low inherent risk for the existence and completeness objectives for cash.

▸ All of these are accurate statements.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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kady_kelsey2kady_kelsey2
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A year ago
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jesshalavi Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Roselalo
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Yesterday
Just got PERFECT on my quiz
asd454512
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2 hours ago
Good timing, thanks!
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