Question: Misha completed all pre - engagement risk management procedures ( SAN , CAF , EAF ) except executing the contract, for a high risk client.

Misha completed all pre-engagement risk management procedures (SAN,CAF,
EAF)except executing the contract, for a high risk client. She commenced the
work on the engagement without the signed EL after obtaining approval from the
FRP.The EL was signed after 23days and the work was carried out as usuat.
Was the risk formality in place in the given situation?

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