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    Business
  3. Study Set
    Auditing A Risk Based Approach
  4. Exam
    Exam 2: The Auditors Responsibilities Regarding Fraud and Mechanisms to Address Fraud: Regulation and Corporate Governance
  5. Question
    The Auditor Should Not Consider That Fraud Is Present in Revenue
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The Auditor Should Not Consider That Fraud Is Present in Revenue

Question 113

Question 113

True/False

The auditor should not consider that fraud is present in revenue accounts because revenue recognition does not typically play a role in fraudulent financial reporting.

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