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an external auditor is working on the audit of the notes receivable accounts for a major audit client. the client has five major notes receivable
an external auditor is working on the audit of the notes receivable accounts for a major audit client. the client has five major notes receivable outstanding from different parties. The auditor is already behind schedule on the audit and decidesto audit just one of the five notes receivables to try and get back on schedule. What risk does this represent, and why?
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