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Which of the following best defines fraud in a financial statement auditing context?

James Paul

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Which of the following best defines fraud in a financial statement auditing context?

Which of the following best defines fraud in a financial statement auditing context?

▸ Fraud is an unintentional misstatement of the financial statements.

▸ Fraud is an intentional misstatement of the financial statements.

▸ Fraud is either an intentional or unintentional misstatement of the financial statements, depending on materiality.

▸ Fraud is either an intentional or unintentional misstatement of the financial statements, depending on consistency.

Textbook

Auditing and Assurance Services

Auditing and Assurance Services

Edition: 17^th

Authors: Arens, Elder, Beasley, Hogan

Read 39 times

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WoodyNRex

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