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ocus on Audit Risk: CPA Examination Adapted In setting the level of materiality during the planning phase of a financial statement audit, the auditor's responsibility

ocus on Audit Risk: CPA Examination Adapted
In setting the level of materiality during the planning phase of a financial statement audit, the auditor's responsibility regarding material misstatements due to fraud is:
Focus on Audit Risk: CPA Examination Adapted
In setting the level of materiality during the planning phase of a financial statement audit, the auditor's responsibility regarding material misstatements due to fraud is:
less than the auditor's responsibility regarding material misstatements caused by error.
greater than the auditor's responsibility regarding material misstatements cause by error.
the same as the auditor's responsibility regarding material misstatements caused by error.
either less than or greater than the auditor's responsibility regarding material misstatements casue by error, depending on the circumstances.

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