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    Auditing and Assurance Services Study Set 2
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    Exam 24: Completing the Audit
  5. Question
    A Lawsuit Has Been Filed but Not Yet Resolved Against
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A Lawsuit Has Been Filed but Not Yet Resolved Against

Question 7

Question 7

True/False

A lawsuit has been filed but not yet resolved against an audit client. This lawsuit does not meet the conditions required for a contingent liability.

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