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Business, 26.11.2019 18:31 kordejah348
Most auditors assess the risk of material misstatement as high for related parties and related-party transactions because a. of the unique classification of related-party transactions required on the income statement. b. of the lack of independence between the parties. c. of the unique classification of related-party transactions required on the balance sheet. d. it is required by generally accepted accounting principles.
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