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Examen
UNIT 8 AUDITING WGUD215 exam 2023 with 100% correct answers
substantive procedures 
The term substantive comes from substantiate, which means auditors gather evidence to support the transactions, account balances, and disclosures provided by management in the financial statements. Substantive procedures are also When analytical procedures are used to obtain audit evidence during the risk response phase. 
 
 
 
Assertions About Classes of Transactions and Events 
Typically income statement accounts and cash flow statement: Occurrence/Cutoff, Completeness/...