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help me Question 2 (2,5 marks): Choose true/false and explain 1. Both accountants and auditors must possess expertise in the accumulation and interpretation of audit
help me Question 2 (2,5 marks): Choose true/false and explain 1. Both accountants and auditors must possess expertise in the accumulation and interpretation of audit evidence. 2. Errors are usually more difficult for an auditor to detect than frauds. 3. The effect of a violation of the completeness transaction-related audit objective for cash disbursements transactions would be an overstatement of cash disbursements. 4. The two most important factors when determining the appropriate sample size in an audit are the auditor's expectation of misstatements and the objectivity of the evidence. 5. If acceptable audit risk is low, and inherent risk and control risk are both low, then planned detection risk should be high
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