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True or False 4) The purpose of an audit is to provide an opinion on the financial statements, with an underlying premise that management is

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4) The purpose of an audit is to provide an opinion on the financial statements, with an underlying premise that management is responsible both for preparing financial statements in accordance with the applicable financial reporting framework and for providing the auditors with access to necessary information 5) An attitude that includes a questioning mind, being alert to conditions that may indicate possible misstatements and a critical assessment of audit evidence is referred to as professional skepticism

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