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If the Financial Statements Do Not Present Fairly the Financial

Question 74

Multiple Choice

If the financial statements do not present fairly the financial condition of the firm in accordance with applicable financial reporting framework,the auditor should


A) calculate the correct number and make an adjustment to the financial statements
B) advise management of the discrepancy and stop auditing until the discrepancy is corrected
C) gather sufficient evidence to arrive at the correct financial statement number
D) review the risk assessment and make any necessary revisions

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