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Auditing ASSIGNMENT #1Scenario A (4 Marks)Oliver has been auditing Limberg Cheese for five years, initially as a junior auditor and as a senior auditor for the last two years. He has never seen an accounting adjustment recommended for Limberg Cheese. As a result, he believes inherent risk should be set at zero for the Limberg.
Related Essay Topics:
Evaluation Of The Internal Control SystemInherent RiskJunior AuditorScenario B.