Question: Q2. a. Briefly define Audit Risk with the audit risk model. Kate & Co paid GHel b. Kate & Co sells laptop computers to shops

Q2. a. Briefly define Audit Risk with the audit risk model. Kate \& Co paid GHel b. Kate \& Co sells laptop computers to shops throughout Ghana. Just over a year ago, Kate \& Co paid GHe million for a five year exclusive right to sell the EZ5 model in the Ghanaian market. Sales of the EZ5 were peated technical faults with the most recent batch sold. Required: What are the audit risks? Q3. As an Auditor, how would you verify the following assets of your elient company during an audit? And Evidare a. Toyota Land Cruiser; b. A building acquired for a new factory; c. Trade receivables. Sugries Appopiade. Aydut phoredures

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