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Question 1. (Maximum 200 words, may include a little table of max 8 rows) You are currently involved in planning for the audit of Windows

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Question 1. (Maximum 200 words, may include a little table of max 8 rows) You are currently involved in planning for the audit of Windows & Doors Pty Ltd, a national .... over the past three years. Cost cutting has proven very difficult as the ....... Has indicated that it expects to see improve results in the next financial report and placed a no. . Concerning WDL expected financial results have been very pessimistic about its live performance. Part A). Discuss the overall impact on audit risk in the light of facts provided in the case study. (5 marks) (as a guide, you should write at least 6 rows to adequately address the question) Part B). What specific component(s) of audit risk would be affected. (5 marks) (as a guide, you should write at least 6 rows to adequately address the question)

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