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Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher level?a. The account balance represents an asset that is relatively easily
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Which of the following characteristics would lead theauditor to assess inherent risk relating to financial reporting at a higher level?a. The account balance represents an asset that is relatively easily stolen.b. The controls over the account balance are weak.c. The company has a history of exactly meeting analyst estimates.d. The company is in an industry that is mature and declining.

User Pawelmysior
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C. The company has a history of exactly meeting analyst estimates.

User Bandybabboon
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