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    Business
  3. Study Set
    Auditing A Practical
  4. Exam
    Exam 6: Understanding of the Clients System of Internal Controls
  5. Question
    _______ Is a Key Component of the Overall Audit Risk
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_______ Is a Key Component of the Overall Audit Risk

Question 22

Question 22

Short Answer

_______ is a key component of the overall audit risk assessment and provides evidence that influences the resulting audit strategy developed by the auditor.
|[Control risk |] Inherent risk | Audit risk | Client risk

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