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3. Consider the following statements: L. The auditor generally reports things that management could do better in a management letter as a constructive part of

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3. Consider the following statements: L. The auditor generally reports things that management could do better in a management letter as a constructive part of the audit Il. Auditors should have a heightened skepticism regarding period-end adjusting journal entries that relate to accounts with significant estimates. a. I is true; Il is true b. I is true; Il is false c. I is false; Il is true d. I is false; II is false

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