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5 terms

Audit

STUDY
PLAY
Independence standards are required for audits of public companies, but not for audits of private companies.
True
False
Decision makers demand reliable information that is provided by accountants
True
False
. Information asymmetry seldom occurs
True
False
Conflicts of interest often occur between absentee owners and managers
True
False
Auditing services and attestation services are the same
True
False