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Question 1
3 / 3 pts
(TCO 4) In connection with the audit of financial statements, an independent auditor could be responsible for failure to detect a material fraud if
statistical sampling techniques were not used on the audit engagement.
the auditor planned the audit in a negligent manner.
accountants performing important parts of the work failed to discover a close relationship between the treasurer and the cashier.
the fraud was perpetrated by one employee who circumvented the existing internal controls.
Question 2