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Which is least concerning to the auditor and capital providers? A. Related-party transaction that likely inflated profit. B. Overstatement of book value of net assets.
Which is least concerning to the auditor and capital providers?
A. Related-party transaction that likely inflated profit.
B. Overstatement of book value of net assets.
C. Overstatement of assets and understatement of liabilities.
D. Understatement of assets and overstatement of liabilities.
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