Answered: Describe one type of systematic risk…

Describe one type of systematic risk and one type of unsystematic risk and then explain how a business would create a plan to address the risk.

Auditing: A Risk Based-Approach (MindTap Course List)

11th Edition

ISBN:9781337619455

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter7: Planning The Audit: Identifying, Assessing, And Responding To The Risk Of Material Misstatement

Section: Chapter Questions

Problem 8RQSC

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explain how a business would create a plan to address the risk.

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