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Assessing the risk of material misstatement at the account level is Supported by professional standards. Supported by professional standards if substantive procedures were responsive to

Assessing the risk of material misstatement at the account level is

Supported by professional standards.

Supported by professional standards if substantive procedures were responsive to the assessed level of risk.

Supported by professional standards if the auditor also assessed inherent, control, and detection risk at the account level.

Not an approach that is supported by professional standards.

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