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    Auditing Study Set 2
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    Exam 5: Preliminary Audit Planning: Understanding the Auditees Business
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    An Intentional Misstatement for an Amount Lower Than Both Overall
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An Intentional Misstatement for an Amount Lower Than Both Overall

Question 32

Question 32

True/False

An intentional misstatement for an amount lower than both overall and performance materiality is still likely to be considered material.

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