Contrast reliance strategy vs substantive strategy


Questions:

1/ What are the functions of audit documentation?

2/ Describe statistical sampling and non-statistical sampling. What are the major advantages and disadvantages of statistical sampling and non-statistical sampling?

3/ The testing of hierarchy is considered to be more effective and more efficient. Why?

4/ Contrast reliance strategy VS substantive strategy?

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Accounting Basics: Contrast reliance strategy vs substantive strategy
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