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    Auditing Study Set 1
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    Exam 9: Execution of the Auditperforming Substantive Procedures
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    Which of the Following Statements Is Correct
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Which of the Following Statements Is Correct

Question 48

Question 48

Multiple Choice

Which of the following statements is correct?


A) Misstatements can only arise from fraud.
B) Misstatements can only arise from error.
C) Misstatements can arise from error or fraud.
D) None of the above.

Correct Answer:

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