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AUD > AUD Deck 4 > Flashcards

AUD Deck 4 Flashcards

1
Q

What is Fraud Risk?

A

Fraud risk is the risk that misstatements will arise from FRAUDULENT FINANCIAL REPORTING or MISAPPROPRIATION OF ASSETS

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2
Q

What is non-sampling risk?

A

MISAPPLYING AUDIT PROCEDURES

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AUD (4 decks)

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