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Question 5 Consider the following scenario: You are planning the audit response for the following RMM: For performance obligations satisfied at a point in time,

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5

Consider the following scenario:

You are planning the audit response for the following RMM: For performance obligations satisfied at a point in time, revenue is not recognized in the correct accounting period.

There is a fraud risk associated with the RMM

,

and your team plans controls reliance for the RMM

.

What is your preliminary CAR assessment?

B C

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