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Which of the procedures is a substantive test of transaction

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Reference no: EM132618300

Problem 1: In a financial report audit, which of the following procedures is a substantive test of transactions?

Option 1: Testing for evidence of approval of invoices.

Option 2: Testing recorded sales with supporting delivery dockets.

Option 3: Confirming debtorsâ accounts.

Option 4: Comparing this yearâ s balance with the previous year

Reference no: EM132618300

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