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Determine the effect of the following event on the various components of the audit risk model. Event: Your audit partner takes on a new high

Determine the effect of the following event on the various components of the audit risk model.

  1. Event: Your audit partner takes on a new high risk audit client, and wants you to perform and extra thorough audit during your first year with the new client

Audit Risk Increase Decrease No effect

Control Risk Increase Decrease No effect

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