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Mantra Inc. was retained by XYZ Auditors to perform asset valuation work as part of the overall process. The external auditor is responsible for the

Mantra Inc. was retained by XYZ Auditors to perform asset valuation work as part of the overall process. The external auditor is responsible for the audit opinion, although the result of Mantras work was the main driver for the audit opinion.
- TRUE OR FALSE ?

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