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A. What is meant by audit risk? (2.5 Marks) B. Describe the different components that comprise audit risk. (2.5 Marks) C. Explain what is meant

A. What is meant by "audit risk"? (2.5 Marks)

B. Describe the different components that comprise audit risk. (2.5 Marks)

C. Explain what is meant by subsequent events the difference between an adjusting event and a non-adjusting event. (2.5 Marks)

D. What do you understand by "sufficient appropriate audit evidence"? (2.5 Marks)

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