Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
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Chapter 7, Problem 36RSCQ
To determine

Introduction: To define different kind of risks and the relation between themselves.

To define: To define client business risk, inherent risk, control risk, audit risk, detection risk, and engagement risk and to explain the relation between above named of risks.

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