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In Auditing Related Party Transactions, an Auditor Ordinarily Places Primary

Question 25

Multiple Choice

In auditing related party transactions, an auditor ordinarily places primary emphasis on:


A) the probability that related party transactions will recur.
B) confirming the existence of the related parties.
C) verifying the valuation of the related party transactions.
D) the adequacy of the disclosure of the related party transactions.

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