AUDITING+ASSURANCE SERVICES (LL)
AUDITING+ASSURANCE SERVICES (LL)
11th Edition
ISBN: 9781266448119
Author: MESSIER
Publisher: MCG
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Chapter 4, Problem 4.7RQ
To determine

Concept Introduction:

Business risk is the risk that business may discontinue or may suffer losses due to the circumstances. The auditor should assess these risks because it may affect the going concern assumption of accounting.

To indicate:The business risk for entity operating in coal mine.

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