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(a) Explain the concept of TRUE and FAIR presentation. (4 marks)(b) Explain the status of

(a) Explain the concept of TRUE and FAIR presentation. (4 marks)

(b) Explain the status of International Standards on Auditing. (2 marks)

(c) ISA 230 Audit Documentation deals with the auditor’s responsibility to prepare audit documentation for an audit of financial statements.

Required:

State FOUR benefits of documenting audit work. (4 marks)

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