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An auditor learns that a client's employee in control of inventory gets divorced and is responsible for paying a large amount of child support. All
An auditor learns that a client's employee in control of inventory gets divorced and is responsible for paying a large amount of child support. All of the following for the audit of inventory likely are true except:
1)
fraud risk increases.
2)
the risk of misappropriation of assets increases.
3)
risk of material misstatement increases.
4)
detection risk increases.
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