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Auditing standards require the auditor plan and perform audit procedures to obtain sufficient appropriate audit evidence to provide a reasonable basis for his/her opinion. Discuss

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Auditing standards require the auditor plan and perform audit procedures to obtain sufficient appropriate audit evidence to provide a reasonable basis for his/her opinion. Discuss what is meant by the terms "sufficient" and "appropriate." Explain factors that drive how these terms are implemented when auditing a particular account balance. What steps in an audit help to make sure sufficient appropriate evidence is obtained and documented to support the financial statement amounts and disclosures? B

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