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Can independent external auditors inquire into or examine bank deposits during the course of the audit? (Philippine context) No because of the absolute nature of

  1. Can independent external auditors inquire into or examine bank deposits during the course of the audit? (Philippine context)
  • No because of the absolute nature of secrecy
  • yes, anytime
  • No, unless the auditor has reason to believe that bank fraud exists
  • Yes, in the regular audit of the bank, with conditions.

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