2) Explain Prudence concept and provide example.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 23RQSC
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Explain Prudence concept and provide example.
Explain Going Concern concept and provide example.
Explain Matching concept and provide example.
Transcribed Image Text:2) 3) 4 Explain Prudence concept and provide example. Explain Going Concern concept and provide example. Explain Matching concept and provide example.
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