Question: 2- In this section you are required to: (10 Marks) (a) Describe the characteristics and operating strategy of Pro Medicus LTD (PME), its field, and

2- In this section you are required to: (10 Marks)

(a) Describe the characteristics and operating strategy of Pro Medicus LTD (PME), its field, and the surrounding market conditions;

(b) Recognize significant business threats and risks and their impact on Pro Medicus LTD (PME);

(c) Conduct a thorough analysis of the potential for material misstatement in the financial report of Pro Medicus LTD (PME).

Note: Consider the elements that influence both inherent risk and control risk.

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