AUDITING-TEXT (LOOSELEAF)
AUDITING-TEXT (LOOSELEAF)
11th Edition
ISBN: 9781337619462
Author: JOHNSTONE
Publisher: CENGAGE L
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Chapter 7, Problem 4RQSC
To determine

Introduction: It is about the qualitative aspects of material judgments by the auditor.

To describe: SEC is worried about the auditor’s skills to understand the qualitative aspects of material judgments. It is to be explained and to list out some factors pertaining to this.

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