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Can you distinguish between audit risk and business risk?

Auditing Financial Reporting Banking &amp Finance
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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2019/11/28
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Duaa Ayad
by Duaa Ayad , LH.Assistant , DRC

The risk of an audit is the risk that an inappropriate opinion will be expressed in the financial statements, while business risk is the risk of loss and the occurrence of any event that may pose a risk due to unforeseen events that

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