Materiality recognizes that some matters are important to the fair presentation

Materiality recognizes that some matters are

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31.What is business risk? Audit risk? Control risk? Fraud risk? Inherent risk?Competency 302.4.2: Code of Professional ConductThe student understands the Code of Professional Conduct for public accountants.
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32.How do the ethical standards set by the American Institute of Certified Public Accountants (AICPA), Securities Exchange Commission (SEC), and Government Accounting Office (GAO) differ?33.How do rules of independence impact the CPA and the client?34.What is prohibited by the code of professional conduct?35.How did the Sarbanes-Oxley Act change the audit process?
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