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Incentives and attitudes are often present when material misstatements due to fraud * occur. True False Audit plan is more detailed than an audit strategy;

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Incentives and attitudes are often present when material misstatements due to fraud * occur. True False Audit plan is more detailed than an audit strategy; describes the nature, timing, and extent of planned audit procedures. * True False Consideration of laws and regulations violation occurs in the preliminary engagement activities phase * True False Materiality is a misstatement in information that would lead to a change in opinion for a reasonable person relying on it. * True False

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