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What do understand the different types of audit procedures

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Problem 1:  If give you a fact pattern and change the audit formula components can you figure out the effect on Nature/Timing/Extent of audit procedures.

Problem 2: Understand Nature, Timing, and Extent of testing and what do they mean. What settings give you more reliable evidence.

Problem 3: Understand the different types of audit procedures and what they mean (recalculation, re-performance, observation, confirmation, etc.) How to test for existence and completeness using these procedures.

Reference no: EM132670865

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