Question
using Jack in the Box, Inc. (ticker symbol JACK)) 10-K for the ended October 30, 2017, filed with the SEC November 30, 2017 1. Identify
using Jack in the Box, Inc. (ticker symbol JACK)) 10-K for the ended October 30, 2017, filed with the SEC November 30, 2017
1.Identify what you think would be a specific detailed risk (do not use the terms "detection", "control" or "inherent" risk) in the audit of this company and describe:
(A) The audit risk;
(B) Why you think this is a risk related to the audit; and
(C) How you might change your audit procedures to address this risk.Include references to the financial statements in your comments, and if you are making assumptions, state those assumptions.
2.Identify a significant account grouping on the balance sheet and suggest some procedures you think the audit team would use to complete their audit work on the these accounts.(Examples - cash accounts or accounts receivables or inventory)
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