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What is a fraud risk and how does an auditor address risk

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Reference no: EM132869903

Question -

i. What is a Fraud Risk and how does an auditor address this risk (think of what procedures or approaches an auditor takes)?

ii. What are the three functions that a good separation of duty should separate?

iii. What is the biggest risk for an auditor performing an audit of financial statements, and how does an auditor address this risk?

Reference no: EM132869903

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