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calcrismore calcrismore
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A year ago
Which of the following is not one of the reasons that auditors provide only reasonable assurance on the financial statements?

▸ The auditor commonly examines a sample, rather than the entire population of transactions.

▸ Accounting presentations contain complex estimates which involve uncertainty.

▸ Fraudulently prepared financial statements are often difficult to detect.

▸ Auditors believe that reasonable assurance is sufficient in the vast majority of cases.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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hhortonhhorton
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A year ago
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