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Identify the five major risks in the Purchasing Department. List the controls you would expect to find to mitigate the risks and the audit steps

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Identify the five major risks in the Purchasing Department. List the controls you would expect to find to mitigate the risks and the audit steps that would be utilized to ascertain that the control mitigates the risk Purchasing Risk At Risk Control COSO Classification Audit Step During 1 Market Risk Potential Fraud 3. Cost Risk Quality Risk 5. Delivery Risk

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