Which of the following is least likely
considered a financial statement audit risk
factor?
a. Management operating and
financing decisions are dominated
by top management.
b. A new client with no prior audit history.
c. Rate of change in the entity's industry is
rapid
d. Profitability of the entity relative to its
industry is inconsistent.
considered a financial statement audit risk
factor?
a. Management operating and
financing decisions are dominated
by top management.
b. A new client with no prior audit history.
c. Rate of change in the entity's industry is
rapid
d. Profitability of the entity relative to its
industry is inconsistent.