What is the auditor's responsibility in assessing the risk of fraud in planning? A. To assess the

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What is the auditor's responsibility in assessing the risk of fraud in planning?

A. To assess the risk of material misappropriation of assets only.

B. To assess the risk of any fraud that may have occurred in the entity.

C. To assess the risk of any material misstatements in the financial statements due to fraud.

D. To ensure no criminal acts have occurred within the entity in the prior year.

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Modern Auditing And Assurance Services

ISBN: 9781118615249

6th Edition

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

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Question Posted: May 23, 2024 05:06 AM

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What is the auditor's responsibility in assessing the risk of fraud in planning? A. To assess the

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Modern Auditing And Assurance Services

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