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Author Question: It is possible that an audit performed in accordance with generally accepted auditing standards may ... (Read 80 times)

sc1250

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on: Aug 21, 2022

Question 1

It is not difficult for the auditor to quantify a measure of materiality while performing the audit.
◦ true
◦ false

Question 2

It is possible that an audit performed in accordance with generally accepted auditing standards may fail to detect a material misstatement in the financial statements.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by sc1250 on Aug 21, 2022

StephaniaF

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Reply #1 on: Aug 21, 2022
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sc1250

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Reply 2 on: Aug 21, 2022
Wow, this really help

dawsa925

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Reply 3 on: Yesterday
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