Multiple Choice
Which of the following is least likely to be considered a financial statement audit risk factor?
A) Management operating and financing decisions are dominated by top management.
B) A new client with no prior audit history.
C) Rate of change in the entity's industry is rapid.
D) Profitability of the entity relative to its industry is inconsistent.
Correct Answer:

Verified
Correct Answer:
Verified
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Q30: Which of the following situations would raise