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What are some examples of control risk in companies that intentionally caused fraud (by overstating revenue/assets)? Explain your answer. What are some examples of inherent
What are some examples of control risk in companies that intentionally caused fraud (by overstating revenue/assets)? Explain your answer.
What are some examples of inherent risk related to operations of that company? (for example, currency differences in statements)
What is a challenge of auditing a forestry company? If they are selling timber, what do auditors need to do, that is hard for them? Do they need expert to audit the timbers?
If a company is selling woods to make money, are the 'woods' inventory or PPE? State your reasoning
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