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Auditing

Lecture 7 & 8

Audit risk, inherent and control risk, internal controls, substantive procedures, and audit sampling.

Question 10 of 57

Which of the following is also listed as an inherent limitation of internal control?

Pick one: press 1-4 on your keyboard or click an option.
A

Collusion or inappropriate management override

B

Too much documentary evidence

C

Use of substantive analytical procedures

D

Excessive audit fees