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An auditors response to the assessment of the risks of material misstatement due to fraud takes various forms. A response with an overall effect on
An auditors response to the assessment of the risks of material misstatement due to fraud takes various forms. A response with an overall effect on the conduct of the audit is to | |
A. | Change the timing or extent of auditing procedures. |
B. | Perform a retrospective review of significant accounting estimates. |
C. | Consider whether managements applications of accounting principles indicates a bias. |
D. | Change the nature of auditing procedures. |
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