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    Business
  3. Study Set
    Auditing A Business Risk Approach
  4. Exam
    Exam 15: Ensuring Audit Quality in Completing the Audit
  5. Question
    Threatened Litigation Is an Example of a Contingent Liability That
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Threatened Litigation Is an Example of a Contingent Liability That

Question 74

Question 74

True/False

Threatened litigation is an example of a contingent liability that must be considered in the concluding stages of the audit.

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