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Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 422
Users of financial statements have a different perception concerning the nature of auditors' services than the actual objectives of an audit. This difference is known as
A) Diverse liability perception.
B) Reasonable foreseeable third parties.
C) Insurance hypothesis.
D) Expectations gap.
A) Diverse liability perception.
B) Reasonable foreseeable third parties.
C) Insurance hypothesis.
D) Expectations gap.
Explanation
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The difference between perception relate...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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