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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › risk assessment
Hi sir ,
When reading the related party transaction just got a doubt that IS risk assesment and response to those risk assesment procedure somewhat same ? like can you give a simple example to understand the difference ?
I’d need the context within which the two separate expressions have been used
I can interpret them as synonymous but I could also see them being separable
