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When the auditor adopts a substantive approach, the auditor (Several choices may be correct.) 1...

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Accounting

When the auditor adopts a substantive approach, the auditor (Several choices may be correct.)

1 - Must still consider and document internal controls.

2 - Must perform a certain level of control testing.

3 - Will perform only control testing.

4 - Has assessed inherent risk and control risk as low.

5 - Will place a greater reliance on substantive tests.

6 - Has assessed detection risk as low

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