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Part I (40%) PURPOSE The purpose of this assignment is to develop learners ability to analyse the business risk in an organisation. REQUIREMENT Discuss the

Part I (40%)

PURPOSE

The purpose of this assignment is to develop learners ability to analyse the business risk in an organisation.

REQUIREMENT

Discuss the components of audit risk and possible business risk in the inventory cycle. Suggest the audit procedures in handling the fraud related business risk in an organisation.

1.Able to discuss four possible fraud related to inventory cycle.

3.Able to suggest four fraud related audit procedures involving inventory.

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