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The Following Steps Are Taken During the Evaluation of the Audit

Question 55

Multiple Choice

The following steps are taken during the evaluation of the audit findings:A:Making technical review of financial statements B:Making final review(s) of working papers
C:Making final assessment of materiality and audit risk
D:Formulating opinion and drafting audit report
E:Evaluating whether there is substantial doubt about the entity's ability to continue as a going concern
The order in which these steps should be performed is:


A) ABCDE.
B) CEADB.
C) EDCAB.
D) BAECD.
E) ADCEB.

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