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  2. Topic
    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 11: Auditing Inventory, Goods and Services, and Accounts Payable: the Acquisition and Payment Cycle
  5. Question
    Auditors Should Consider the Inherent Risk That Management Is More
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Auditors Should Consider the Inherent Risk That Management Is More

Question 52

Question 52

True/False

Auditors should consider the inherent risk that management is more likely to understate,rather than overstate,accounts payable and expenses.

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