The auditor should understand the client's business factors-such as information about related parties-because they may indicate
A) reasons not to accept the engagement.
B) areas of increased audit risk.
C) areas of increased control risk.
D) areas of increased client business risk.

Question

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The Answer of The auditor should understand the client's business factors-such as information about related parties-because they may indicate
A) reasons not to accept the engagement.
B) areas of increased audit risk.
C) areas of increased control risk.
D) areas of increased client business risk.

The Auditor Should Understand the Client's Business Factors-Such as Information