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Saloni AparadhSaloni Aparadh asked 7 months ago

The quantity of audit evidence required is affected by the risk of misstatement (the greater the risk, the more audit evidence is likely to be required). Can a higher quality of audit evidence compensate for a lower quantity of audit evidence? Is it true that the higher the quality, the less audit evidence may be required?

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RaviRavi Staff answered 7 months ago

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