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    Modern Auditing Assurance
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    Exam 19: Completing the Audit and Postaudit
  5. Question
    Distinguish Between the Terms
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Distinguish Between the Terms

Question 87

Question 87

Essay

Distinguish between the terms:
1.known misstatement,
2.likely misstatement, and
3.aggregate likely misstatement.

Correct Answer:

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1. Known misstatement is an uncorrected ...

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