When gaining an understanding of the client at the industry level, the auditor will: a. Consider the

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When gaining an understanding of the client at the industry level, the auditor will:

a. Consider the level of demand for the goods provided by companies in the industry.

b. Determine if the client has centralized or decentralized operations.

c. Assess the amount of faulty goods the client returns to suppliers.

d. Determine if the client has a simple or complex capital structure.

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Auditing A Practical Approach with Data Analytics

ISBN: 978-1119401742

1st edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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Question Posted: Dec 31, 2019 05:23 AM

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When gaining an understanding of the client at the industry level, the auditor will: a. Consider the

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