Multiple Choice
Which of the following is NOT a step for financial statement auditing concerning fraud?
A) Gather information relevant to risks of misstatements in the financial reports.
B) Compare the financial statements to the owners personal assets.
C) Analyze and assess risks of misstatement in light of the entity's programs and controls.
D) Apply the information gathered to the structure and application of the audit.
Correct Answer:
Verified
Correct Answer:
Verified
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