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Planning process and auditors develop audit strategy

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Reference no: EM133228207

As a part of the planning process, auditors develop an audit strategy, an audit plan, and a time budget. Address the following in your discussion post:

1. Describe an audit strategy and explain its purpose.

2. Describe an audit plan and explain its purpose.

3. Describe a time budget and explain its purpose.

Reference no: EM133228207

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