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If an Auditor Was Not Present at a New Client's

question 59

True/False

If an auditor was not present at a new client's inventory count,the auditor has no obligation to test the inventory.


Definitions:

Pesticide Residue

The traces of chemicals that remain on or in crops, fruits, vegetables, and soil after pesticide application, which can pose health risks.

Clean Water Act

U.S. federal law that regulates the discharge of pollutants into the nation's surface waters, including lakes, rivers, streams, and coastal areas.

Wetlands

Areas where water covers the soil, or is present either at or near the surface of the soil all year or for varying periods of time during the year, including swamps, marshes, and bogs.

Community Right-to-Know Act

U.S. federal law that requires industries to report storage, use, and releases of hazardous substances to inform community safety and health.

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