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Question 4 a) Due to qualitative factors, certain types of misstatements are likely to be more important to users of the financial statement than others,

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Question 4 a) Due to qualitative factors, certain types of misstatements are likely to be more important to users of the financial statement than others, even if the dollar amounts are the same. Identify TWO qualitative factors that might significantly affect an auditor's materiality judgment and give an example of each. (4 marks) b) There are THREE main reasons why an auditor should properly plan their audit engagements. Discuss each of these reasons

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