Tag (SQ): Products

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Which factors contribute to inherent risk in an audit?

Which of the following may be factors contributing to inherent risk?

1 Number of customers

2 Strength of internal controls

3 Number of products

4 Rate of staff turnover

A   1,2 and 3 only

B   1,3 and 4 only

C   2,3 and 4 only

D   1,2 and 4 only

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