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Which one of the following is NOT typically a type of audit evidence the auditor would use in assessing fraud risk?
Opportunity Costs
The cost of the next best alternative foregone when making a decision.
Wasted Time
Time that is not used effectively or productively.
Price Floor
A government-imposed minimum price for goods or services, aimed at preventing market prices from falling below a certain level to protect producers.
Market For Soda
The commercial space in which various types and brands of soda (sugary, carbonated beverages) are bought, sold, and competed over.
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