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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 20
When is a duty to disclose fraud to parties other than the client's senior management and its audit committee most likely to exist?
A) When the amount is material.
B) When the fraud results from misappropriation of assets rather than fraudulent financial reporting.
C) In response to inquiries from a successor auditor.
D) When a line manager rather than a lower-level employee commits the fraudulent act.
A) When the amount is material.
B) When the fraud results from misappropriation of assets rather than fraudulent financial reporting.
C) In response to inquiries from a successor auditor.
D) When a line manager rather than a lower-level employee commits the fraudulent act.
Explanation
Verified
Verified
c. In response to inquiries from a succe...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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