There Are Several Factors That Affect an Audit Firm's Business

question 85

Essay

There are several factors that affect an audit firm's business risk and, therefore, acceptable audit risk.Discuss three of these factors.

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Definitions:

Technology System

A structured arrangement of devices, software, and processes that work together to perform or facilitate specific tasks or functions.

Potential Customers

Individuals or entities that are considered likely to purchase a product or service, but have not yet done so.

Cell Yell

Speaking loudly on a cell phone, often in public spaces, without regard for those nearby.

Etiquette Rules

Guidelines that govern socially acceptable behavior and norms within a society or group.