Question: Question 3 On your group audit, you are performing final scoping and your final evaluation of RFI. The Parent entity has sold a small component
Question
On your group audit, you are performing final scoping and your final evaluation of RFI. The Parent entity has sold a small component to a competitor.
Based on your judgment, what do you do now?
Delete the component from the scoping matrix
Update the balances in the scoping matrix
Redetermine the components
Update the type of work at the component to fullscope audit
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