What factors should the auditor consider during the risk

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Question 1: What factors should the auditor consider during the risk identification phase with respect to related parties? (Several choices may be correct.)

Point 1: Nature and type of transactions

Point 2: Complexity of structure of ownership of related parties

Point 3: Identification of related parties

Point 4: Controls over the recording of transactions

Point 5: Results of testing of transactions

Reference no: EM132473348

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