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    Exam 8: Execution of the Audit Performing Substantive Procedures
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    A Significant Account Is One That Could Contain Material Misstatements
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A Significant Account Is One That Could Contain Material Misstatements

Question 38

Question 38

True/False

A significant account is one that could contain material misstatements based upon their materiality and/or relationship to identified inherent and financial statement risks.

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