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The Concept of Materiality Would Be least important to an Auditor

Question 16

Multiple Choice

The concept of materiality would be least important to an auditor when considering the:


A) Total value of the account being audited.
B) Adequacy of disclosure of a client's illegal act.
C) Discovery of weaknesses in a client's internal control.
D) Effects of a direct financial interest in the client upon the CPA's independence.

Correct Answer:

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