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The role of management's intent increases the risk of material misstatement re: the Existence assertion for financial investments. True False A client operates in the

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The role of management's intent increases the risk of material misstatement re: the Existence assertion for financial investments. True False A client operates in the high-tech industry. Consequently, the auditor is concerned about inventory obsolescence. Which assertion as a high risk of material misstatement in this case? Valuation Completeness Rights \& Obligations Existence

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