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Question 19 1 pts You are performing the audit of Hama Co. During your planning meeting with the finance director, to update your knowledge of
Question 19 1 pts You are performing the audit of Hama Co. During your planning meeting with the finance director, to update your knowledge of the entity, you are informed that there is no remuneration committee and the management of Hama is due to be paid a significant annual bonus based on the value of year- end total assets. Which of the following describes a valid audit risk? O A remuneration committee should be established The audit team will need to maintain professional scepticism The value of the assets could be overstated The bonus should not be based on the value of the year-end total assets
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