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    Auditing Study Set 3
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    Exam 6: Preliminary Audit Planning: Understanding the Auditee
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    A Bank with a Large Loan Would Most Likely Be
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A Bank with a Large Loan Would Most Likely Be

Question 26

Question 26

Multiple Choice

A bank with a large loan would most likely be interested in materiality based on:


A) Operating cash flows.
B) Normalized net income.
C) Sales revenue.
D) Net assets.

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