Question: A financial statement audit should be designed to obtain reasonable assurance that the financial statements are free of material misstatement due to: Multiple Choice both

A financial statement audit should be designed to obtain reasonable assurance that the financial statements are free of material misstatement due to:

Multiple Choice

both fraudulent financial reporting and misappropriation of assets.

fraudulent financial reporting only.

misappropriation of assets only.

neither fraudulent financial reporting nor misappropriation of assets.

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