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    Auditing and Assurance Services Study Set 2
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    Exam 12: Assessing Control Risk and Reporting on Internal Controls
  5. Question
    In a Small Business, the Daily Involvement of the Owner
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In a Small Business, the Daily Involvement of the Owner

Question 38

Question 38

True/False

In a small business, the daily involvement of the owner in the business is not sufficient to overcome significant deficiencies or material weaknesses in internal controls.

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