Q1. What do you understand by the term ‘Control Risk’? Discuss the process an auditor would follow to assess control risk in the Revenue Cycle
Q2. Discuss any three ways a company can inflate revenues. What are the audit steps/procedures that help an auditor to detect them?
Your homework submission (all questions combined) should be 2 to 3 pages in length (double spaced, Times New Roman 12 or Arial 10 Font).