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Consult paragraphs 7-10 of PCAOP auditing standards no 12. Based on your understanding of inherent risk assessment, identify three factors about IOS and or FOF

Consult paragraphs 7-10 of PCAOP auditing standards no 12. Based on your understanding of inherent risk assessment, identify three factors about IOS and or FOF that would be likely to impact your audit procedures if you were conducting an audit of IOS and or FOF.

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