In order to properly plan and perform an$$ audit, an important fact for both the auditor and the client to understand is that

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Part $1$

A$.$

management is responsible for the preparation of the financial statements.

B$.$

the system of internal control policies and procedures are developed by the auditors.

C$.$

management can restrict the$$ auditor's access to important information relevant to the financial statements.

D$.$

the purpose of an audit is to prevent fraud.