Bundle: Auditing: A Risk Based-Approach, Loose-leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
Bundle: Auditing: A Risk Based-Approach, Loose-leaf Version, 11th + MindTap Accounting, 1 term (6 months) Printed Access Card
11th Edition
ISBN: 9781337734493
Author: JOHNSTONE, Karla M; Gramling, Audrey A.; Rittenberg, Larry E.
Publisher: Cengage Learning
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Chapter 2, Problem 1RQSC
To determine

Introduction: Fraud refers to an intended attempt to misrepresent the financial statement of an entity in order to attain some personal gain or advantage.

To explain: The term fraud and two types of misstatements relevant to auditor’s consideration for fraud.

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