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Identify the Types of Substantive Procedures Used by the Auditor

question 79

Essay

Identify the types of substantive procedures used by the auditor to test accounts payable and accrued expenses. Provide an example of how the auditor may use each substantive procedure. Identify if any of the substantive procedures can be used as a test of controls or a dual-purpose test.


Definitions:

Moral Order

The set of moral values, principles, and norms that govern the behavior of individuals within a society, ensuring social harmony and justice.

Contemporary American Society

The current state and characteristics of American culture, social structures, institutions, and behaviors, reflecting modern-day values and norms.

Social Incompetence

A lack of skill or ability in navigating social interactions effectively, often resulting in difficulties in forming and maintaining relationships.

Malicious

Characterized by a desire to cause harm or suffering; deliberately harmful or spiteful behavior.

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