How Do Auditors Determine the Extent of Testing of Internal

question 109

Essay

How do auditors determine the extent of testing of internal controls in the acquisition and payment cycle?

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Definitions:

Valid Arguments

Logical statements where, if the premises are true, the conclusion necessarily follows.

Sound

In logic, an argument that is both valid and has all true premises.

Negative Proposition

A statement or assertion that denies something or states a position in opposition to a certain idea or claim.

Disjunctive Syllogism

An argument based on deductive reasoning that uses elimination to present just two options in its premises.