Question: 1. Audit _______ begins with determining the requirements for the engagement. planning 2. ________assessment procedures are performed when obtaining an understanding of the client. 3.

1. Audit _______ begins with determining the requirements for the engagement. planning
2. ________assessment procedures are performed when obtaining an understanding of the client.
3. _______risk is the risk of material misstatement of an assertion without considering internal control.
4. Tests of controls are performed to determine whether key controls operate __________.
5. The final step of an audit is issuing the audit ________.

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