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If There Is a High Risk of Material Fraud Related

Question 44

Multiple Choice

If there is a high risk of material fraud related to an assertion, _______.


A) the auditor will want to test controls over that assertion
B) the auditor will want to test controls over other assertions
C) the auditor should request the audit be conducted by the internal audit function
D) the auditor should withdraw from the engagement, to avoid risk exposure

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