Identifying residual strategic risks (that is those that are uncontrolled or insufficiently controlled) is important for auditors to understand where the risk of material misstatements might be increased by increasing external pressures on an organization. Consider Apple, which has seen its business rapidly grow in the 1980s, struggle in the 1990s, and thrive in the 2000s. Identify and discuss three residual strategic risks that impact management assertions about specific transactions, accounts, or disclosures that you believe Apple's auditors should factor into its engagement. For each risk, describe why you believe that it may or may not be adequately controlled by the organization.