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Briefly describe three strategies for testing internal controls when information technology is used for significant accounting processing

Identify two strategies that might be used to support a low control risk assessment. Discuss the difference between the two strategies.

Discuss a third audit strategy that might be used to assess control risk at a high level. Explain why this strategy will not support a low control risk assessment.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9438724

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