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Author Question: Assume an audit client identified in the planning stage of the audit the risk of material ... (Read 57 times)

aeb093

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on: Aug 21, 2022

Question 1

Assessing acceptable audit risk, client business risk, and risk of material misstatement helps determine the audit procedures that will be needed.
◦ true
◦ false

Question 2

Assume an audit client identified in the planning stage of the audit the risk of material misstatement for revenue recognition and accounts receivable due to complex valuation related issues; this situation warrants the auditor to accumulate additional audit evidence and to assign more experienced staff to perform the testing in this area.
◦ true
◦ false
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Marked as best answer by aeb093 on Aug 21, 2022

Burly

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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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aeb093

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

mammy1697

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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