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Question 5 An audit is a negative activity. It produces nothing of tangible value, nor does it contribute to the general well-being of society. The

Question 5

An audit is a negative activity. It produces nothing of tangible value, nor does it contribute to the general well-being of society. The auditor does not create anything, but merely re-performs tasks that have already been undertaken by someone else.

Discuss and evaluate this statement, giving your views as to the extent of its validity and/or inaccuracy, with reasons.

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