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What is the first stage of any audit? A. Client acceptance or continuance decision. B. Risk...

What is the first stage of any audit?

A. Client acceptance or continuance decision.

B. Risk Assessment

C. Reporting

D. Risk Response

(B is incorrect)

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Answer #1
Option A

The five stages of any audit are

A) Selection

B) Planning

C) Execution

D) Report

E) Followup

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