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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 12: Auditing Long-Lived Assets: Acquisition, Use, Impairment, and Disposal
  5. Question
    Auditors Must Understand the Business and Economics of the Client's
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Auditors Must Understand the Business and Economics of the Client's

Question 36

Question 36

True/False

Auditors must understand the business and economics of the client's business in order to perform meaningful planning analytical procedures for long-lived assets.

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