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    Business
  3. Study Set
    Principles of Auditing Study Set 1
  4. Exam
    Exam 16: Auditing Operations and Completing the Audit
  5. Question
    If Not Adjusted, a Situation in Which the Total Likely
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If Not Adjusted, a Situation in Which the Total Likely

Question 1

Question 1

True/False

If not adjusted, a situation in which the total likely misstatement in the financial statements exceeds a material amount is likely to lead to an audit report modification.

Correct Answer:

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