For what primary purpose does the auditor obtain an understanding of the entity and its environment?

Ibrahimhamm

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2022-06-28

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To determine the audit fee.
To decide which facts about the entity to include in the audit report.
To plan the audit and determine the nature, timing, and extent of audit procedures to be performed.
To limit audit risk to an appropriately high level

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Ibrahimhamm

2022-06-28

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c. To plan the audit and determine the nature, timing, and extent of audit procedures to be performed.

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