Which of the following is not a condition that potentially increases the entity's business risk? a. The
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Which of the following is not a condition that potentially increases the entity's business risk?
a. The entity's information system is not adequate to handle its volume of sales transactions.
b. The entity's competitors have introduced major changes to their pro- duction processes, whereas the client has not.
c. The entity has made major changes to the lines of reporting within the organization.
d. The external auditor does not possess a sufficient understanding of the entity and its environment to conduct an effective audit.
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Auditing And Assurance Services A Systematic Approach
ISBN: 9780073337203
5th Edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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