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How does an auditor gain the competence or capability

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Reference no: EM132784299

Question 1: Briefly explain the difference between limited assurance and reasonable assurance. Which level of assurance requires more work?

Question 2: Competence and capabilities contribute to an auditor's qualifications to conduct a financial statement audit. How does an auditor gain this competence or capability? What are two ways in which an auditor fulfills these responsibilities when completing an audit?

Reference no: EM132784299

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