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When Assessing the Plausibility of the Financial Statements for a Review

Question 2

Multiple Choice

When assessing the plausibility of the financial statements for a review engagement,the auditor will use which of the following criteria for auditing a small,privately held company?


A) standards of efficiency and effectiveness
B) the audit objectives associated with the audit of financial statements
C) an acceptable reporting framework such as ASPE
D) an enterprise risk-management framework to help detect fraud

Correct Answer:

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