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    Modern Auditing and Assurance Services
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    Exam 12: Designing Substantive Procedures
  5. Question
    There Are Three Steps in Assessing the Risk of Material
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There Are Three Steps in Assessing the Risk of Material

Question 4

Question 4

Essay

There are three steps in assessing the risk of material misstatement. Identify and briefly explain each of these steps.

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Evaluate the type of potential missta...

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