Auditors need to have a solid understanding of a client's business and operating environment. With what kinds of thing

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answerhappygod
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Auditors need to have a solid understanding of a client's business and operating environment. With what kinds of thing

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Auditors need to have a solid understanding of a client'sbusiness and operating environment. With what kinds ofthings [types of information, characteristics of industry, etc.]should the auditor become familiar? Include in yourdiscussion how the model of business introduced in chapter 2 couldplay a role.
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