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1- Distinguish among the following three risks: risk-free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by per-forming
1- Distinguish among the following three risks: risk-free interest rate, business risk, and information risk. Which one or ones does the auditor reduce by per-forming an audit?
2- Discuss the major factors in todays society that have made the need for independent audits much greater than it was 50 years ago.
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