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Question 2 In our society, the basic reason a Fin. Stmt. audit has evolved in business is to Provide assurance regarding whether the auditee's financial

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Question 2 In our society, the basic reason a Fin. Stmt. audit has evolved in business is to Provide assurance regarding whether the auditee's financial statements are fairly stated. Examine individual transactions so that the auditor may certify as to their validity. O Detect fraud. Assure the consistent application of correct accounting procedures

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