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An auditor obtains knowledge about a new'client's business and its industry in order to: Multiple...

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Accounting

An auditor obtains knowledge about a new'client's business and its industry in order to:
Multiple Choice
understand the events and transactions that may have an effect on the client's financial statements.
make constructive suggestions concerning improvements to the client's internal control.
evaluate whether the aggregation of known misstatements causes the financial statements taken as a whole to be materially misstated.
develop an attitude of professional skepticism concerning management's financial statement assertions.
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