A value chain dissects the firm into its value-adding components, including primary activities and support processes. The
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A value chain dissects the firm into its value-adding components, including primary activities and support processes. The primary activities of the value chain model are as follows:
a. Inbound logistics
b. Operations
c. Marketing and sales
d. Outbound logistics
e. Service
Consider a value chain model of an office equipment manufacturer (e.g., photocopiers). For each of the primary activities, discuss a potential audit risk inherent to it, including any accounts and audit objectives that would likely be affected.
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Related Book For
Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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