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The risk of material misstatement due to fraud relating to revenue recognition should be a. given lower priority to the risk of embezzlement. b. ordinarily
The risk of material misstatement due to fraud relating to revenue recognition should be a. given lower priority to the risk of embezzlement. b. ordinarily presumed by the auditor. c. approached in a manner that is identical to control risk assessment. d. assumed to have been considered by the FASB.
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