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help answer with this question Q4.4: Which of the following describes why an auditor should consider a client's discounting policies as an inherent risk factor?
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Q4.4: Which of the following describes why an auditor should consider a client's discounting policies as an inherent risk factor? Auditors should be concerned that the client is properly accounting for discounts. Inappropriate discounting policies may put profit margin at risk. Pricing to customers must be attractive to maintain customer loyalty. Discounts should be given to all customers to maintain satisfaction DStep by Step Solution
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