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hardy7luver hardy7luver
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A year ago
Which of the following statements best describes the auditor's responsibility with respect to illegal acts that do not have a material effect on the client's financial statements?

▸ Generally, the auditor is under no obligation to notify parties other than personnel within the client's organization.

▸ Generally, the auditor is under an obligation to inform the PCAOB.

▸ Generally, the auditor is obligated to disclose the relevant facts in the auditor's report.

▸ Generally, the auditor is expected to compel the client to adhere to requirements of the Foreign Corrupt Practices Act.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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duankong-feiduankong-fei
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A year ago
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hardy7luver Author
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A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jodie1
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Yesterday
Thank you, thank you, thank you!
karamsidhu1
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2 hours ago
Helped a lot
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