How the business change will affect audit risk components

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Reference no: EM132959436

Problem 1: Explain the effects on the account of the opening of the first retail store.

Problem 2: Describe how the business change will affect audit risk components.

Problem 3: Determine expected changes to inventory transactions and balances and specify which will be most affected by the business structure change.

Problem 4: Describe the population(s) and recommend a sampling approach for substantive inventory testing.

Reference no: EM132959436

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