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The auditor of financial statements must make very difficult interpretations regarding authoritative literature. Additionally, the auditor must ______________. A. proceed beyond IFRS to assess how
The auditor of financial statements must make very difficult interpretations regarding authoritative literature. Additionally, the auditor must ______________.
A. proceed beyond IFRS to assess how the economic activity is portrayed in the financial statements.
B. force management to make certain decisions regarding their financial statements.
C. disregard independence in order to find the underlying truth of the evidence.
D. establish new criteria by which financial statements may be compared.
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