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IIA-CFSA · Question #63

IIA-CFSA Question #63: Real Exam Question with Answer & Explanation

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Question

For Example one exception in 1000 cases is probably not the reason enough to recommend overhauling the entire system, although the final answer must be derived from the context and the condition of the related control system. Which one of the following statements is clearly supported by this example?

Options

  • AAuditors should be aware that the concepts of materiality and significance take on different
  • BDuring the planning and reporting processes, government auditors may need to consider
  • CBoth of these
  • DNone of these

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