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One of the major suppliers of your client is having trouble with faulty products, which have to be routinely returned because they are defective. As
One of the major suppliers of your client is having trouble with faulty products, which have to be routinely returned because they are defective. As an auditor, this is a concern. Which one of the thirteen major entity factors that influence inherent risks would this fall under?
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Sources of financing
Major customers
Operations
Major suppliers
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