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    Auditing Assurance Services Study Set 1
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    Exam 1: Demand for Audit and Assurance Services
  5. Question
    Privately Held Companies Have Annual Financial Statement Audits
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Privately Held Companies Have Annual Financial Statement Audits

Question 14

Question 14

Multiple Choice

Privately held companies have annual financial statement audits:


A) external users rely on it.
B) to obtain financing from banks.
C) because they are required to under the Corporations Act.
D) all of the above

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