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Distinguish between audit risk and audit failure. Why is there at least some level of audit risk on every audit engagement? Distinguish between the terms

Distinguish between audit risk and audit failure. Why is there at least some level of audit risk on every audit engagement?

Distinguish between the terms "errors" and "fraud." What is the auditor's responsibility for finding each, (provide authoritative evidence)? Please provide at least 2 examples of each.

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