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  2. Topic
    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 14: Auditing the Financinginvesting Process: Prepaid Expenses, Intangible Assets, and Property, Plant, and Equipment
  5. Question
    If the Auditor Has Detected Misstatements in Prior Audits, the Assessment
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If the Auditor Has Detected Misstatements in Prior Audits, the Assessment

Question 15

Question 15

True/False

If the auditor has detected misstatements in prior audits, the assessment of inherent risk for the property management process will usually be set higher.

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