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auditing, thanks! Which of the following is talse regareng assessment of traud risk? Auditing standards require the avditor to only make specific inquines about lraud
auditing, thanks!
Which of the following is talse regareng assessment of traud risk? Auditing standards require the avditor to only make specific inquines about lraud in high risk audit. the auditor has a responsbily to respend to fratd risk by planning and performing the audit to cbtain ressonable assurance that eraterial mistatements, whather idue to errors or fraud, are detected. Austry standards require the audtor to evaluale whether toaud risk tackors indicale incentives or presmures to perpetrate fraud, opportunites to cary out traut, or atindea of rabionaliabions used to ksity a frauduent acion. Auditing standards require the aust leam so conduct discussions to share insights trom more experienced evdd tearm members and to torainstorm iseas Step by Step Solution
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