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Question 12 6 pts You are reviewing submissions to a Parliamentary Committee that is reviewing legislation financial reporting and assurance requirements for unlisted companies. One

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Question 12 6 pts You are reviewing submissions to a Parliamentary Committee that is reviewing legislation financial reporting and assurance requirements for unlisted companies. One submission proposed that entities of a certain size should be able to choose to have either an audit or a review of their annual financial statements. REQUIRED: Explain why an entity might opt for an audit instead of a review even though a review costs less

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