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If the Auditor Finds a Misstatement When Performing Substantive Tests

Question 8

Multiple Choice

If the auditor finds a misstatement when performing substantive tests, _______.


A) the auditor should immediately withdraw from the engagement
B) the auditor needs to evaluate the materiality of the misstatement
C) the auditor should immediately increase inherent risk related to the engagement
D) the auditor should immediately decrease inherent risk related to the engagement

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