Assess risk and evaluate the internal control system

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Reference no: EM13805824

Last week you discussed the questions you would ask a CFO of a company before beginning an audit engagement. Think about this same conversation, but this week I want you to identify three specific questions you would as him/her which would help you to assess risk and evaluate the internal control system.

Please list the three specific questions and why you would ask the CFO. Keep in mind that these are not going to be questions that would be obviously answered by reviewing financial statements.

Reference no: EM13805824

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