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Question 14 The purpose of gaining an understanding of internal controls in a financial statement...

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Accounting

Question 14

The purpose of gaining an understanding of internal controls in a financial statement audit can best be described as

Group of answer choices a) assisting in planning the types and extent of substantive tests.

b) providing evidence that the auditor is complying with standards.

c) providing substantive evidence that key financial statement accounts are fairly stated.

d) providing evidence that the controls are working properly.

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