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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
    Ineffective Internal Controls Result in Higher Risk of Material Misstatement
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Ineffective Internal Controls Result in Higher Risk of Material Misstatement

Question 83

Question 83

True/False

Ineffective internal controls result in higher risk of material misstatement in the financial statements than effective internal controls.

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