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Describe what is meant by an audit procedure. Why is it important for audit procedures to be carefully worded?

REVIEW QUESTIONSDiscuss the similarities and differences between evidence in a legal case and evidence in an audit of financial statements.List the four major evidence decisions that must be made on every audit.Describe what is meant by an audit procedure. Why is it important for audit procedures to be carefully worded?Describe what is meant by an […]

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