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  2. Notes to the accounts

    https://www.christs.cam.ac.uk/sites/default/files/inline-files/accounts2004-5.pdf
    14 Oct 2005: An audit includes examination, on a test basis, of evidence relevant to the amounts and disclosures in the financial statements. ... Moreover, the College is not engaged in an economic activity, so that inclusion of any value would be of questionable

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