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aznhermit101 aznhermit101
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Although the financial statements of all companies are potentially subject to manipulation, the risk is greater for companies that

▸ are heavily regulated.

▸ have low amounts of debt.

▸ have to make significant judgments for accounting estimates.

▸ operate in stable economic environments.
Textbook 

Auditing and Assurance Services


Edition: 17th
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cskeen80cskeen80
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have to make significant judgments for accounting estimates.

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