To what extent are the concepts of sufficiency and relevance related to audit risk? Explain in terms

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To what extent are the concepts of sufficiency and relevance related to audit risk? Explain in terms of audits for which the auditor has determined that the level of audit risk will be low vs. an engagement in which the auditor has determined that the level of audit risk is higher.
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Related Book For  answer-question

Auditing A Business Risk Approach

ISBN: 978-0538476232

8th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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