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A) Assess each component of the audit risk model and determine the audit strategy. {20 lurks) i) Audit Strategy (3 marks) ii) Audit Risk (3

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A) Assess each component of the audit risk model and determine the audit strategy. {20 lurks) i) Audit Strategy (3 marks) ii) Audit Risk (3 marks) iii) Inherent Risk, (3 marks) iv) Inherent Risk specic to Revenue Recognition (5 marks) v) Control Risk (3 marks) Vi) Detection Risk

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