An external auditor has found that management has identified a potentially severe risk and several...

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Accounting

An external auditor has found that management has identified a potentially severe risk and several significant opportunities while conducting their risk management evaluation. What can be said (give best answer)

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that the auditor will spend the most time analyzing the risk

nothing can really be said

that the auditor needs to determine how management plans to mitigate the identified opportunities

that the auditor will spend the most time analyzing the opportunties

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