The auditor needs to understand how selected inherent risk factors affect the transactions processed by the revenue

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The auditor needs to understand how selected inherent risk factors affect the transactions processed by the revenue process. Discuss the potential effect that industry- related factors and misstatements detected in prior periods have on the inherent risk assessment for the revenue process.

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Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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