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Describe the inherent risk factors that can affect the audit of property, plant, and equipment.

Accounting Assignment Question(s): (Marks 15) IMPORTANT NOTE: Answer in your own words, DO NOT COPY from slides, fellow students, or internet sources without proper citation. Q1 When an auditor sets control risk low, sufficient evidence can be obtained for most payroll accounts through an understanding of internal controls, substantive analytical procedures, and tests of details […]

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