Question: When conducting an audit, the entire audit process can be broken down into distinct but interlinked stages which are described as follows: 1. Preliminary engagement

When conducting an audit, the entire audit process can be broken down into distinct but interlinked stages which are described as follows: 1. Preliminary engagement activities (5) 2. Planning (10) 3. Responding to assessed risks (5) 4. Concluding (5) YOU ARE REQUIRED TO give an explanation of each stage.

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