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When obtaining an understanding of the entity and its environment, the auditor should obtain an understanding of internal controls primarily to:

A) Assess the risk of material misstatement and plan the audit.

B) Provide suggestions for improvement to the client.

C) Serve as a basis for setting audit risk and materiality.

D) Comply with general standards.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M991078

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