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In an Audit of Financial Statements, an Auditor's Primary Consideration

Question 8

Multiple Choice

In an audit of financial statements, an auditor's primary consideration regarding an internal control policy or activity is whether the policy or activity:


A) reflects management's philosophy and operating style.
B) affects management's financial statement assertions.
C) provides adequate safeguards over access to assets.
D) enhances management's decision making processes.

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