Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
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Chapter 4, Problem 17MCQ
To determine

Concept introduction:

Breach of contract:

Breach of contract is a legal term used in contract law. Breach of contract refers to the situation when any party of the contract fails to fulfill his part of the obligation as decided in the contract. 

To choose: The correct option.  

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Auditing: A Risk Based-Approach to Conducting a Quality Audit

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