Question: Please indicate the proper sequence of steps in planning an integrated audit: 1 . Consider the Possibility of Account Misstatements. 2 . Complete Preliminary Analytical

Please indicate the proper sequence of steps in planning an integrated audit:
1. Consider the Possibility of Account Misstatements.
2. Complete Preliminary Analytical Procedures.
3. Identify Controls to Test.
4. Update Information about Various Risks.
5. Understand the Client's Internal Controls.

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