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According to PCAOB standards, relevance of audit evidence depends on all of the following, except: Whether the audit procedure is meant to test for understatement
According to PCAOB standards, relevance of audit evidence depends on all of the following, except:
Whether the audit procedure is meant to test for understatement or overstatement.
The circumstances under which the audit evidence is gathered.
The timing of the audit procedure.
Whether the design of the audit procedure directly tests the assertion.
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