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Gaining an understanding of entity-level internal control components helps in all of the following ways, EXCEPT...

Gaining an understanding of entity-level internal control components helps in all of the following ways, EXCEPT

  • A : gaining an understanding of the types of transactions that represent the most risk to the entity.

  • B : gaining an understanding of the client's business and financial reporting risks.

  • C : making assessments of the various types of risks of material misstatement.

  • D : establishing the appropriate level of professional skepticism.

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Gaining an understanding of entity-level internal control components helps in all of the following ways, EXCEPT
D : establishing the appropriate level of professional skepticism.
Because no matter what are the entity-level internal control components professional skepticism should be maintained.
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