When performing ADA as a risk assessment procedure, a notable item: a. Is indicative of a risk

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When performing ADA as a risk assessment procedure, a notable item:

a. Is indicative of a risk of material misstatement not previously identified by the auditor.

b. Is indicative of a higher risk of material misstatement than anticipated by the auditor.

c. Provides information useful in designing procedures to address the risk of material misstatement.

d. All of these answer choices describe notable items.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Dec 31, 2019 05:34 AM

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When performing ADA as a risk assessment procedure, a notable item: a. Is indicative of a risk

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