Question: 2. b. Assess risk at the financial statement level. 1. Evaluate inherent risk at the financial statemen 2. Evaluate the risk of fraud. Specifically, consider

2. b. Assess risk at the financial statement level. 1. Evaluate inherent risk at the financial statemen 2. Evaluate the risk of fraud. Specifically, consider fraud triangle; (i) incentives and pressures, (ii) o attitudes and rationalization. 1. c. What is the potential for the effectiveness of performance reviews performed by Rob and Jessic following assertions? 1. Existence of inventory. 2. Valuation of inventory and cost of sales

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