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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 29
What is the primary objective of the fraud brainstorming session?
A) Determine audit risk and materiality.
B) Identify whether analytical procedures should be applied to the revenue accounts.
C) Assess the potential for material misstatement due to fraud.
D) Determine whether the planned procedures in the audit plan will satisfy the general audit objectives.
A) Determine audit risk and materiality.
B) Identify whether analytical procedures should be applied to the revenue accounts.
C) Assess the potential for material misstatement due to fraud.
D) Determine whether the planned procedures in the audit plan will satisfy the general audit objectives.
Explanation
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• Audit risk and materiality is not a co...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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