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Social StudiesSocial Studies
16 August, 18:59

Auditors often integrate procedures for presentation and disclosure objectives with Group of answer choices

Tests for transaction-related objectives Tests for balance-related objectives Yes No

Tests for transaction-related objectives Tests for balance-related objectives Yes Yes

Tests for transaction-related objectives Tests for balance-related objectives No No

Tests for transaction-related objectives Tests for balance-related objectives No Yes

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Answers (1)
  1. 16 August, 20:27
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    Auditors often integrate procedures for presentation and disclosure objectives for

    The correct option is "B," which is "Tests for transaction-related objectives Tests for balance-related objectives" Yes Yes.

    Explanation:

    The correct option is "B," which is "Yes, for Tests for transaction-related objectives Tests & Yes, for balance-related objectives because

    Transaction and Balance-Related Audit Objectives contains; contain the following items:

    Occurrence-Recorded transactions, Completeness-Existing transactions are recorded, Accuracy-Recorded transactions are stated at the correct amounts.
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