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The primary purpose for obtaining an understanding of the entity's environment, including its internal control, in a financial statement audit is: To determine the nature,
The primary purpose for obtaining an understanding of the entity's environment, including its internal control, in a financial statement
audit is:
To determine the nature, timing, and extent of substantive procedures to be performed.
To make consulting suggestions to the entity's management.
To determine whether the entity has changed any accounting principles.
To obtain direct sufficient appropriate audit evidence to afford a reasonable basis for an opinion on the financial statements.
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