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Most auditors assess inherent risk as high for related parties and related- party transactions because: a. Of the unique classification of related-party transactions required on
Most auditors assess inherent risk as high for related parties and related- party transactions because: a. Of the unique classification of related-party transactions required on the balance sheet. O b. Of the lack of independence between the parties. Oc It is required by generally accepted accounting principles. O d. Of the unique classification of related-party transactions required on the income statement
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