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Identify at least five procedures an auditor might perform to obtain an understanding of a client's business and the associated business risks.
Foundational
Pertaining to the underlying basis or groundwork of a system, theory, or concept that supports further growth, development, or understanding.
Exploratory
Relating to or involving exploration or investigation, often without a predefined outcome or hypothesis.
Experimental
Involving a methodical trial and error process to discover, test, or demonstrate something.
Demographic Information
Data related to the characteristics of a population or a specific part of it, such as age, gender, and income.
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