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    Auditing The Art and Science Study Set 1
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    Exam 7: Materiality and Risk
  5. Question
    When External Users Place Heavy Reliance on the Financial Statements
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When External Users Place Heavy Reliance on the Financial Statements

Question 25

Question 25

Multiple Choice

When external users place heavy reliance on the financial statements it is appropriate that


A) audit risk be increased.
B) inherent risk be decreased.
C) inherent risk be increased.
D) audit risk be decreased.

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