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    Auditing and Assurance Services Study Set 1
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    Exam 8: Audit Planning and Analytical Procedures
  5. Question
    Generally, Auditors Assess Inherent Risk as Moderate for Related Party
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Generally, Auditors Assess Inherent Risk as Moderate for Related Party

Question 34

Question 34

True/False

Generally, auditors assess inherent risk as moderate for related party transactions because they expect clients to be aware of their scrutiny of such transactions.

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