Which of the following are irrelevant when gaining an understanding of the client at the industry level?

		Level of government support.
		Level of demand for the clients goods or services.
		Sources of financing.
		Clients reputation.

Which of these would not necessarily be considered a risk factor for potential misstatements?

		Segregation of duties is not practiced.
		An employee in the cash office was passed over for a promotion.
		There is intense price competition in the industry of operation.
		Profit margin has increased and inventory turnover days has decreased.

An auditor's assessment of their client's integrity would not include:

		the client's attitude to audit fees and its willingness to pay a fair amount.
		whether the auditor has sufficiently competent staff to complete the audit.
		the reputation of the client and its management.
		the client's attitude to risk exposure and management.