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(a) Describe the characteristics and operating strategy of Pro Medicus LTD (PME), its field, and the surrounding market conditions; (b) Recognize significant business threats and
(a) Describe the characteristics and operating strategy of Pro Medicus LTD (PME), its field, and the surrounding market conditions;
(b) Recognize significant business threats and risks and their impact on Pro Medicus LTD (PME);
(c) Conduct a thorough analysis of the potential for material misstatement in the financial report of Pro Medicus LTD (PME).
Note: Consider the elements that influence both inherent risk and control risk.
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