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    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 7: Planning the Audit: Identifying and Responding to the Risks of Material Misstatement
  5. Question
    One Potential Limitation to Using Industry Data in Preliminary Analytical
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One Potential Limitation to Using Industry Data in Preliminary Analytical

Question 50

Question 50

True/False

One potential limitation to using industry data in preliminary analytical procedures is that the data from the client may not be directly comparable to the data of the industry.

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