Answered: please define Inspection of documents…

please define Inspection of documents and records Physical verification of liquid money Observation of financial procedures

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor

Section: Chapter Questions

Problem 27RQSC

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please define

Inspection of documents and records
Physical verification of liquid money
Observation of financial procedures
Inquiry of the employees
Recalculation

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