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Why Is the Predominantly Substantive Approach Used for Most Entitiin

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Why is the predominantly substantive approach used for most entitiin the audit of investment balances? Why is it rarely possible to obtain much evidence from analytical procedurin the audit of investment balances?


Definitions:

Dun & Bradstreet

A leading global corporation providing commercial data, analytics, and insights for businesses.

Bloomberg

A global information and technology company known for its financial software, data, and media.

Census Bureau

A national agency responsible for collecting, analyzing, and publishing statistical data about the population, economy, and more.

Dow Jones & Co.

An American publishing and financial information firm that is one of the largest financial news companies in the world, known for the Dow Jones Industrial Average.

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