Identify at least three risks that auditors need to consider for companies that process Web-based sales...

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Accounting

Identify at least three risks that auditors need to consider forcompanies that process Web-based sales transactions, includingcredit card payments. For each risk identified, develop amitigation risk strategy. Provide specific examples.

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ANSWER Audit risk is tha risk that an auditor may give an inappropriate opinion on financial statement that is materially misstated if we consider companies that process sale transactions including credit card payments the auditoe shall look over the following risks 1 Untrained or less trained staff for web based business tarined and well See Answer

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Identify at least three risks that auditors need to consider for companies that process Web-based sales...

70.2K

Verified Solution

Question

Accounting

Identify at least three risks that auditors need to consider forcompanies that process Web-based sales transactions, includingcredit card payments. For each risk identified, develop amitigation risk strategy. Provide specific examples.

Answer & Explanation Solved by verified expert

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