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The Extent of Tests of Details of Balances Cannot Be

question 79

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The extent of tests of details of balances cannot be reduced when transaction-related audit objectives have been satisfied by tests of controls or substantive tests of transactions.


Definitions:

Predefined Shapes

Built-in geometric forms or figures provided in graphic software for easy insertion and manipulation in documents.

Drawing Object

A graphical shape or image added to a document or presentation to aid in conveying information or adding visual interest.

Creative Skills

The abilities related to imaginative thinking and expression, often involving art, writing, design, and problem solving.

Business Documents

Written records that are used in the operation and management of a business, including reports, letters, contracts, and invoices.

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