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The audit failure in the Miller Energy Resources/KPMG LLP case largely resulted from: A. The lack of relevant expertise in the energy sector of the
The audit failure in the Miller Energy Resources/KPMG LLP case largely resulted from: A. The lack of relevant expertise in the energy sector of the assigned audit engagement partner and audit senior manager. B. The audit partner and his team purposely failed to conduct an audit in accordance with Generally Accepted Auditing Standards. C. Reliance on a fraudulent asset appraisal report. D. The acceptance of a bribe by the engagement partner from the management of Miller Energy
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