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How would an auditor identify exceptions

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Reference no: EM132795769

Question - You have been asked by your audit manager to consider how the audit firm might audit revenues by using audit data analytics to evaluate 100% of the revenue transactions.

1a. Develop a specific audit strategy for how an auditor would screen 100% of the revenues,

1b. How would an auditor identify exceptions?

1c. How would auditors consider what would be acceptable variations from their expectation norm versus unacceptable variations?

Reference no: EM132795769

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