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As an auditor conducting a risk assessment for a retail company, you have identified various potential risk areas that could potentially result in significant inaccuracies

As an auditor conducting a risk assessment for a retail company, you have identified various potential risk areas that could potentially result in significant inaccuracies within the financial statements. These risks relate to specific challenges in the retail industry and potential vulnerabilities in the company's internal controls. What will be your appropriate course of action in this situation? This type of question contains radio buttons and checkboxes for selection of options. Use Tab for navigation and Enter or space to select the option. option A Understanding entities and their environments option B Recognizing risk option C Anomaly strength rating option D Overall risk assessment

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