For each of the following four situations Identify factors that may indicate an increase in job risk in the current year. NEW PAREN is a diversified, privately owned holding company. Based on a contact current with the client, we are aware that NEW PARENT plans to acquire the TARGET COMPANY shortly after the end of the current year. Next month, specialists from our firm will meet with the management of NEW PARENT to discuss related services we can offer. TARGET is audited by another major firm. As you begin your fieldwork for the current year's audit, you discover the following: - Even though TARGET has become a wholly owned subsidiary of NEW PARENT, the The transaction will be structured in this way, mainly for tax reasons. - TARGET is seven times larger than NEW PARENT and, after the acquisition, the management structure and the NEW PARENT board of directors will be dominated by TARGET staff.