Over the years the demand for auditing has been reduced by professional managers who misled investors by materially misstating the financial performance of their company's financial statements.

Question

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The demand for auditing has actually increased over the years due to instances where professional managers have misled investors by materially misstating the financial performance of their companies. These incidents have highlighted the need for independent audits to ensure the accuracy and reliability of financial statements.

Over the Years the Demand for Auditing Has Been Reduced