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During the risk assessment step of the overall audit process, the auditor: Multiple Choice accumulates the misstatements discovered during the audit. forms a conclusion on

During the risk assessment step of the overall audit process, the auditor:

Multiple Choice

  • accumulates the misstatements discovered during the audit.
  • forms a conclusion on fair presentation of the financial statements and issues the appropriate audit opinion.
  • performs substantive procedures.
  • identifies the auditor's own risks from accepting the engagement.

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