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Author Question: As management is responsible for the financial statements, failure to assess the risk of material ... (Read 55 times)

swande

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on: Aug 21, 2022

Question 1

Which of the following would not increase the risks of material misstatement at the overall financial statement level?
◦ effective oversight by the board of directors
◦ deficiencies in management's integrity
◦ inadequate accounting systems
◦ All of these

Question 2

As management is responsible for the financial statements, failure to assess the risk of material misstatement is not detrimental to the auditor.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by swande on Aug 21, 2022

sakura282000

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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swande

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Reply 2 on: Aug 21, 2022
Excellent

meow1234

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Reply 3 on: Yesterday
Wow, this really help

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