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In What Order Should the Following Steps Occur

Question 123

Multiple Choice

In what order should the following steps occur?
A. Set preliminary judgment of materiality and performance materiality.
B. Understand the client's business and industry.
C. Perform preliminary analytical procedures.
D. Accept the client and perform initial audit planning.


A) D, B, C, A
B) B, A, C, D
C) B, D, A, C
D) D, C, B, A

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