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Which of the Following Statements Is True

Question 103

Multiple Choice

Which of the following statements is true?


A) Often interested users, like banks, ask private companies or non-users to provide audited financial statements.
B) Public users are required to have three audits a year.
C) Public users are required to have an audit of internal financial forecast reports (IFFRs) .
D) For efficiency purposes, the three required audits for public companies are performed at the same time.

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