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What five major steps in conducting an audit are

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Reference no: EM132776817

Problem 1: The five major steps in conducting an audit are:

A. Testing internal controls

B. Audit report

C. Planning and risks assessment

D. Testing transactions and balances

E. Client acceptance and continuance

The proper sequence in applying the above steps is:

a. ECADB

b. ECDAB

c. EBCDA

d. EADCB

Reference no: EM132776817

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