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  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 16: Advanced Topics Concerning Complex Auditing Judgments
  5. Question
    When There Is a Ready Market for Financial Instruments, the Audit
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When There Is a Ready Market for Financial Instruments, the Audit

Question 103

Question 103

True/False

When there is a ready market for financial instruments, the audit procedures related to valuation and disclosures are more straightforward than when the instrument is not readily marketable.

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