Canadian Auditing Standard (CAS) 315 provide guidance on improving the quality of auditing by requiring auditors to gain a deeper understanding of their clients\' businesses and the risks that could lead to material misstatements in their financial statements. In addition to reviewing the facts provided in the Onyx Petroleum case study, you are required to brainstorm additional factors that could affect Onyx\'s business risks. Required: Identify and explain three business risk factors for an economic perspective. Make sure to also state the impact or consequence of the risk