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Which of the following accurately describes critical audit matters ( CAMs ) ? a . Matters that are material to the financial statements that do
Which of the following accurately describes critical audit matters CAMs
a Matters that are material to the financial statements that do not relate to accounts or disclosures are CAMs.
b When CAMs require disclosure, PCAOB guidance states that the only disclosure needed is to identify the CAMs.
c CAMs relate to accounts or disclosures that are material to the financial statements.
d The audit report must include at least one CAM.
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