During audit of the bank. You have found out that that 50% of the asset is invested

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During audit of the bank. You have found out that that 50% of the asset is invested in land properties.

What is the risks of these and what will you audit procedure will you perform?

Related Book For answer-question

Advanced Accounting

ISBN: 978-1118037911

1st Canadian Edition

Authors: Gail Fayerman

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Posted Date: May 24, 2023 02:17 AM

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During audit of the bank. You have found out that that 50% of the asset is invested

Question:

Expert Answer:

Investing 50 of assets in land properties can pose certain risks to a bank Some potential risks associated with such investments include 1 Market Risk Land values can be influenced by factors such as ... View the full answer

Advanced Accounting

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