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    Dynamic Business Law Study Set 1
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    Exam 11: Liability of Accountants and Other Professionals
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    If No, or Insubstantial, Accounting Procedures Were Used in the Compilation
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If No, or Insubstantial, Accounting Procedures Were Used in the Compilation

Question 39

Question 39

Multiple Choice

If no, or insubstantial, accounting procedures were used in the compilation of the document, a financial statement is considered ________.


A) Audited
B) Unaudited
C) Unqualified
D) Qualified
E) Generally accepted

Correct Answer:

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