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Question 7. According to ISA 240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements, the auditor should presume a risk of

Question 7. According to ISA 240 The Auditor's Responsibilities Relating to Fraud in an Audit of Financial Statements, the auditor should presume a risk of fraud in which of the following classes of transaction, account balance or disclosure?

Inventory existence

Disclosure of related party transactions

Non-routine transactions

Revenue recognition

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