You are the external auditor of National Detergent Company SAOG (NDC) is one of the leading manufacturing companies in the Sultanate of Oman. NDC manufactures and distributes a wide range of highly reputed and successful brands covering various segments like detergents powders, liquid detergents, soaps, shampoos, allied laundry aids and other household cleaners. As an Auditor of the company, answer the following questions. a) Do you think that the audit risk assessment is important? Justify your answer.
You are the external auditor of National Detergent Company SAOG (NDC) is one of the leading manufacturing companies in the Sultanate of Oman. NDC manufactures and distributes a wide range of highly reputed and successful brands covering various segments like detergents powders, liquid detergents, soaps, shampoos, allied laundry aids and other household cleaners. As an Auditor of the company, answer the following questions. a) Do you think that the audit risk assessment is important? Justify your answer.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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) You are the external auditor of National Detergent Company SAOG (NDC) is one of the leading
manufacturing companies in the Sultanate of Oman. NDC manufactures and distributes a wide
range of highly reputed and successful brands covering various segments like detergents powders,
liquid detergents, soaps, shampoos, allied laundry aids and other household cleaners. As an Auditor
of the company, answer the following questions.
a) Do you think that the audit risk assessment is important? Justify your answer.
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