Question: Current Attempt in Progress As a senior internal auditor at Braxton's, a global clothing manufacturer, you are responsible for reviewing audit findings, including activities deemed

Current Attempt in Progress
As a senior internal auditor at Braxton's, a global clothing manufacturer, you are responsible for reviewing audit findings, including activities deemed inapprropriate or high risk, from the prior year to create a summary of risks throughout the business. This list of risks will be used during this year's audit risk assessment, which helps internal audit leadership determine which audits to plan next year. For each of the following business activities, identify the risks it creates.
The entire 12 T
support team
has access to all GL accounts.
Sales
between
2. intercompany
departments
are not
identified.
Some
transactions
3. arenot
recorded in
U.S. dollars.
It is
discovered that quarterly
taxes have
not been paid
for two
straight
quarters.
General
ledger
Current Attempt in Progress As a senior internal

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