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Other business risks could affect the risks of material misstatement for particular accounts, disclosures, or assertions. Are auditors responsible for identifying and assessing the risk

Other business risks could affect the risks of material misstatement for particular accounts, disclosures, or assertions. Are auditors responsible for identifying and assessing the risk of material misstatement? What does the term material misstatement mean? Support your answer with an example from the Almarai Annual report 2023.

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