Question: audit failure occurs when Multiple Choice a client goes bankrupt or has serious financial difficulty. auditors fail to conduct the examination in accordance with generally

audit failure occurs when
Multiple Choice
a client goes bankrupt or has serious financial difficulty.
auditors fail to conduct the examination in accordance with generally accepted auditing standards, which results in the failure
material misstatements in the financial statements.
auditors cannot collect audit fees owed to them by the client.
auditors are sued by a third party.
audit failure occurs when Multiple Choice a client goes bankrupt or

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