Evaluate which controls are circumvented due to collusion

Reference no: EM131048106

When planning an audit, the auditor's knowledge about the design of relevant internal controls should be used to

(A) Assess the efficiency of internal controls over operations.

(B) Identify the types of potential misstatements that could occur. (C) Report the assessed level of control risk in work papers.

Reference no: EM131048106

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