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What Is the Risk-Based Audit Approach

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What is the risk-based audit approach?


Definitions:

Natural Context

The original or genuine environment in which a subject or phenomenon naturally occurs, without artificial interference.

Independent Variable

The variable that is intentionally changed by the researcher in an experiment to see if it produces an effect.

Internal Validity

Refers to how well a study is conducted, specifically whether it establishes a causal relationship between variables.

Causal Relationship

A connection between variables where a change in one directly influences the change in another.

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