Multiple Choice
Audit risk represents a danger to users of audited financial statements. The following are attributes pointing to potential areas of vulnerability except
A) company in financial distress requiring financing.
B) management dominated by one or more strong-willed individuals.
C) deterioration in liquidity or solvency.
D) company earning high profits consistently over a number of years.
Correct Answer:
Verified
Correct Answer:
Verified
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