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Annual financial statement audits are required for which of the following situations? A. Private companies B. Canadian corporations as part of their tax filings with

Annual financial statement audits are required for which of the following situations?

A. Private companies

B. Canadian corporations as part of their tax filings with the Canadian Revenue Agency

C. Public companies and large not-for-profit organizations

D. American corporations as part of filing their tax returns with the IRS

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