An inherent risk associated with debt is that management might try to avoid complete and accurate disclosure

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An inherent risk associated with debt is that management might try to avoid complete and accurate disclosure of debt covenants and potential violations. 

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Auditing A Risk Based Approach

ISBN: 9780357721872

12th Edition

Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg

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