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  3. Study Set
    Auditing A Risk Based Approach
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    Exam 12: Auditing Long-Lived Assets: Acquisition, Use, Impairment, and Disposal
  5. Question
    The Existence of Fair Value Estimates That Are Unreasonable or Unsupportable
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The Existence of Fair Value Estimates That Are Unreasonable or Unsupportable

Question 116

Question 116

True/False

The existence of fair value estimates that are unreasonable or unsupportable is indicative of a potential fraud scheme.

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