An auditor begins the identification of business risks by doing what?
A)Preliminary analysis.
B)Financial analysis.
C)Strategic analysis.
D)Horizontal analysis.

Question

Quizplus · Accepted Answer

Strategic analysis is the initial step in identifying business risks as it involves understanding the business environment, objectives, and strategies to identify potential risks that could impact the organization's ability to achieve its goals.

An Auditor Begins the Identification of Business Risks by Doing