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  3. Study Set
    Auditing A Business Risk Approach
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    Exam 15: Ensuring Audit Quality in Completing the Audit
  5. Question
    An Example of a Type II Subsequent Event Includes an Earthquake
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An Example of a Type II Subsequent Event Includes an Earthquake

Question 37

Question 37

True/False

An example of a Type II Subsequent Event includes an earthquake that happens after balance sheet date and destroys a major warehouse of the client.

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