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Where an Auditor Concludes That the Audit Client's Systems of Internal

Question 49

Multiple Choice

Where an auditor concludes that the audit client's systems of internal controls are ineffective, he/she will


A) conclude that the client's system of internal controls can be relied upon to detect potential material misstatements.
B) conclude that the client's system of internal controls cannot be relied upon to detect potential material misstatements.
C) reduce the amount of reliance to be placed on substantive tests.
D) project the misstatements to the entire population.

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