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    Auditing Assurance Services
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    Exam7: Materiality and risk
  5. Question
    Acceptable Audit Risk and the Amount of Substantive Evidence Required
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Acceptable Audit Risk and the Amount of Substantive Evidence Required

Question 79

Question 79

True/False

Acceptable audit risk and the amount of substantive evidence required are inversely related; i.e., as acceptable audit risk increases, the amount of substantive evidence the auditor plans to accumulate should decrease.

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