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An engagement team is designing procedures to perform over journal entries. Which of the following is most likely to help the engagement team determine
An engagement team is designing procedures to perform over journal entries. Which of the following is most likely to help the engagement team determine if there is high-risk criteria due to management override of controls through the recording of journal entries and other adjustments? The engagement team's assessment of risks of material misstatement due to fraud. The nature and complexity of accounts. The engagement team's determination of materiality for the financial statements as a whole. The entity's financial reporting process.
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