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Business, 06.08.2021 22:50 thechameleonnaire

Pam is auditing the accounts receivable account of her client, Roadrunner Training Company (RTC). RTC extends credit to most of its clients as a method of paying for services received. Pam has assessed the levels of inherent risk and control risk as high. Additionally, she has set the acceptable level of detection risk as low. Which of the following pairs of information about the substantive tests Pam is likely to perform best fits this scenario? A. Nature » more effective; timing » interim
B. Timing » year-end; extent » larger sample sizes
C. Timing » interim; extent » smaller sample sizes
D. Nature » less effective; extent » larger sample sizes

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Pam is auditing the accounts receivable account of her client, Roadrunner Training Company (RTC). RT...
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