Discuss the differences in the auditor's responsibilities for discovering (1) material errors, (2) material fraud (3) direct-effect illegal acts, and (4) indirect-effect illegal acts.
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Q40: When the auditor knows that an illegal
Q41: With respect to the detection of indirect-
Q42: An auditor must inform a client's audit
Q43: Auditing standards indicate that reasonable assurance is
Q44: When an auditor believes that an illegal
Q47: The auditor's responsibility for uncovering direct-effect illegal
Q48: Other than inquiring of management about policies
Q50: The auditor's first course of action when
Q52: Most illegal acts affect the financial statements:
A)directly.
B)only
Q55: Errors are usually more difficult for an
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