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Indicate the proper sequence of steps in planning an integrated audit: 1.Consider the Possibility of Account Misstatements.
2) Complete Preliminary Analytical Procedures.
3) Identify Controls to Test.
4) Update Information about Various Risks.
5) Understand the Client's Internal Controls.
Human Dignity
The inherent worth of all individuals, which entitles them to be treated with respect and fairness.
Corporate Culture
The shared values, beliefs, attitudes, and practices that characterize an organization and guide its employees’ behavior.
Cultural Relativism
The belief that there is no one right way to behave; ethical behaviour is determined by its cultural context.
Ethical Standards
Principles that govern the conduct of individuals and organizations, ensuring actions are morally right and in accordance with accepted social norms.
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