) Prepare a broad audit plan: Starbucks Corp.. What material types of transactions and transaction cycles are involved? What are the high-risk areas? What are the low-risk areas? If management faced tremendous pressure regarding the entity's financial performance, what opportunities might exist for them to engage in fraudulent financial reporting? To what extent do you believe it will be appropriate to reduce assessed control risk? How will the audit effort be allocated among geographical areas? Will any areas of the audit require outside expertise? Will there be reliance on an internal auditor(s)? If so, why? If not, why not? What form of auditor's report do you expect will be issued? What does it mean?