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    Business
  3. Study Set
    Auditing A Business Risk Approach
  4. Exam
    Exam 13: Audit of Long-Lived Assets and Related Expense Accounts
  5. Question
    Knowledge of Business Conditions Is Not Crucial to the Auditor's
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Knowledge of Business Conditions Is Not Crucial to the Auditor's

Question 18

Question 18

True/False

Knowledge of business conditions is not crucial to the auditor's identification of the potential for impairment of assets as the auditor must focus attention on the accounting rules.

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