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Explain three types of risk assessment procedures that Auditing standards indicate the auditor needs to perform. Also, Provide four examples of matters that the auditor

Explain three types of risk assessment procedures that Auditing standards indicate the auditor needs to perform. Also, Provide four examples of matters that the auditor may consider in attempting to obtain an understanding of the entity's objectives, strategies and related business risks that may result in a risk of material misstatement of the financial report.


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1Inherent Risk This is the type of audit risk that cant be identified by anybody be it the internal ... blur-text-image

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