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True or False Statement I. There is a proposed one-stop shop for accreditation for CPAs in public practice specifically for BOA, BSP, SEC, IC Accreditation.

True or False

Statement I. There is a proposed one-stop shop for accreditation for CPAs in public practice specifically for BOA, BSP, SEC, IC Accreditation.

Statement II. The following are the audit considerations for specialized industries: competence, use of work of the experts and audit planning.

Statement III. . Bank loans that have nonperforming loans are generally considered bad debts and can affect a banks cash flows. A low ratio of nonperforming loans to total gross loans meant a unhealthy banking sector.

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