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Please answer all. 1-4 thank you. Case Questions 1. Consult Paragraphs 7-10 of PCAOB Auditing Standard No. 12. Base your understanding of risk assessment and

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Case Questions 1. Consult Paragraphs 7-10 of PCAOB Auditing Standard No. 12. Base your understanding of risk assessment and the case information, ide three specific factors about Enron's business model in the late 1990st might cause you to elevate the risk of material misstatement at Enron it 2. Consult Paragraphs 5-7 of PCAOB Auditing Standard No. 13. Comme about how your understanding of the inherent risks identified at Eno ir Question 1) would influence the nature, timing, and extent of your u work at Enron. ac 3. Consult Paragraphs 28-30 of PCAOB Auditing Standard No. 5, Next, sider how the change in industry regulation and Enron's resulting stra shift would impact your risk assessment for the relevant assertionsa revenue. Finally, identify the most relevant assertion for revenue be after Enron's resulting strategy shift and briefly explain why tu th 4. Consult Paragraphs 52-53 of PCAOB Auditing Standard No. 12. Consve a revenue recognition fraud might occur under Enron's strategy i of 1990s. Next, identify an internal control procedure that would p tect, or deter such a fraudulent scheme. Ba The Case Questions 1. Consult Paragraphs 7-10 of PCAOB Auditing Standard No. 12. Base your understanding of risk assessment and the case information, ide three specific factors about Enron's business model in the late 1990st might cause you to elevate the risk of material misstatement at Enron it 2. Consult Paragraphs 5-7 of PCAOB Auditing Standard No. 13. Comme about how your understanding of the inherent risks identified at Eno ir Question 1) would influence the nature, timing, and extent of your u work at Enron. ac 3. Consult Paragraphs 28-30 of PCAOB Auditing Standard No. 5, Next, sider how the change in industry regulation and Enron's resulting stra shift would impact your risk assessment for the relevant assertionsa revenue. Finally, identify the most relevant assertion for revenue be after Enron's resulting strategy shift and briefly explain why tu th 4. Consult Paragraphs 52-53 of PCAOB Auditing Standard No. 12. Consve a revenue recognition fraud might occur under Enron's strategy i of 1990s. Next, identify an internal control procedure that would p tect, or deter such a fraudulent scheme. Ba The

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