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    Auditing and Assurance Services Study Set 2
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    Exam 8: Audit Planning and Materiality
  5. Question
    Client Business Risk Includes the Auditor Identifying Declines in Economic
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Client Business Risk Includes the Auditor Identifying Declines in Economic

Question 129

Question 129

True/False

Client business risk includes the auditor identifying declines in economic conditions that adversely affect both sales and the collectability of accounts receivable.

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