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Which of the Following Is Necessary in a Financial Statement

Question 132

Multiple Choice

Which of the following is necessary in a financial statement audit?


A) An understanding of internal control relevant to each of an entity's operating units.
B) An understanding of internal control relevant to each of an entity's business functions.
C) An understanding of internal control relevant to an entity's financial reporting objective.
D) An understanding of internal control relevant to an entity's compliance objective.

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