For each of the following business risks/threats, identify the potential audit implications (see Figure 6-5). Business Risk/Threat

For each of the following business risks/threats, identify the potential audit implications (see Figure 6-5).

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Business Risk/Threat (1) Widespread recession is decreasing disposable income. (2) An exotic animal virus is affecting your ability to get high-quality meat for your restaurant. (3) Computer users find your new software difficult to install and use. (4) Advances in cable television technology mean that consumers can bypass your video store and order their movies through their cable provider. (5) The zoning council recently approved an area near the office building you own for further commercial development. (6) A large retail chain locates to your town and offers higher wages for employees. (7) Shortly after one of your airliners crashes, the media portrays your airline as unsafe. (8) Customers are shifting away from your network operating system product and towards "intranet" products. Potential Audit Implications