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    Auditing and Assurance Services Study Set 2
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    Exam 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts
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    Goodwill Is Often Identified as a Significant Audit Risk Area
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Goodwill Is Often Identified as a Significant Audit Risk Area

Question 63

Question 63

True/False

Goodwill is often identified as a significant audit risk area by auditors and is likely to be a critical audit matter disclosed in audit reports for companies with goodwill impairment(s).

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