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    Auditing and Assurance Services Study Set 2
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    Exam 6: Audit Responsibilities and Objectives
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    The Provisions of Many Laws and Regulations Affect the Financial
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The Provisions of Many Laws and Regulations Affect the Financial

Question 151

Question 151

Multiple Choice

The provisions of many laws and regulations affect the financial statements


A) directly.
B) only indirectly.
C) both directly and indirectly.
D) materially if direct; immaterially if indirect.

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