What are elements involved in planning phase of audit, Auditing

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What are elements involved in planning phase of audit

Response to the following questions:

1. Briefly describe why on most audit engagements an auditor tests only a sample of transactions that occurred.

2. What are the major phases of an audit?

3. What are the primary elements involved in the planning phase of an audit?

If possible, please give examples to better understand your answers.

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Auditing: What are elements involved in planning phase of audit

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Auditing: What are elements involved in planning phase of audit

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