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  3. which of the following is an example of control ri

Which of the following is an example of control risk? Lack of a...

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Accounting

  1. Which of the following is an example of control risk?
  1. Lack of a finance director
  2. Client has perishable inventory which may be overvalued
  3. Client has a high number of cash sales which may mean income is not completely recorded.
  4. The client is in a highly regulated industry and therefore at risk of unrecorded fines and penalties.

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