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    Auditing Study Set 3
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    Exam 3: Reports on Audited Financial Statements and Audited Internal Controlt
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    A Holding Company Has Decided to Carry Its Wholly Owned
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A Holding Company Has Decided to Carry Its Wholly Owned

Question 24

Question 24

Multiple Choice

A holding company has decided to carry its wholly owned subsidiary companies in the balance sheet using the equity method.The type of audit report required is


A) Unqualified.
B) Qualified.
C) Adverse.
D) Disclaimer.

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