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  3. from the listing provided below, identify five con

From the listing provided below, identify five conditions/events that may indicate the existence of risks...

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Accounting

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From the listing provided below, identify five conditions/events that may indicate the existence of risks of material misstatements. List of conditions/events: An organization that has been operating with consistent profits. A board of directors with diverse expertise. Operations that are subject to a high degree of complex regulation. Changes in the industry in which the entity operates. Use of a standardized accounting software. Developing or offering new products or services, or moving into new lines of business. Expanding into new locations. Significant transactions with related parties. Business that manufactures one standardized product. Domestic operations that focuses on a particular geographic location

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