Understanding the clients business and industry

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Reference no: EM13856008

Understanding the Client's Business and Industry

Consult Paragraphs 5-8 of PCAOB Auditing Standart No. 8 and Paragraphs 7-10 of PCAOB Auditing Standard no. 12. Based on your understanding of inherent risk assessment and the case information, identify three specific factors about Quest's business model that might cause you to elevate inherent risk if you were conducting an audit at Qwest.

Reference no: EM13856008

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