PERFORMING COMPILATION AND REVIEW ENGAGEMENTS, …
a. Prepare audit procedure manuals. b. Prepare detailed job descriptions. c. Trace the origin and disposition of documents. d. Assess the degree of accuracy of financial data. ANSWER: C. COMPLETION: 65. After assessing inherent risk, the auditor needs to assess control risk in order to complete the phase of the audit. ANSWER: PLANNING. 66. ................
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