The audit team should develop its own ideas about how fraud may be performed by the client and then covered up.
Correct Answer:
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Q23: The auditor can be satisfied with less
Q24: Audit tests do not relate to fraud
Q25: Auditors are responsible to detect fraud even
Q26: When fraud risk is great in the
Q27: According to professional audit standards,the audit team
Q29: Once the fraud risk assessment is complete
Q30: Professional skepticism is required on audit engagements
Q31: The auditor is responsible for actively considering
Q32: When the risk of fraud is high
Q33: The auditor has a responsibility to design
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