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The Auditor Must Understand Internal Control Before Assessing Inherent Risk

question 28

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The auditor must understand internal control before assessing inherent risk.


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A professional setting often within a company where business activities, employee relations, and organizational structure are established and maintained.

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An element, feature, or factor that is liable to vary or change; in programming, it refers to a storage location named by an identifier containing a value that can be modified.

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