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5. Herberts Pty Ltd is a producer of frozen gourmet pies. At a recent customer sampling event to
promote a newly released line of beef pies, a large number of customers were taken to hospital.
The problem is believed to be related to an ingredient in the pies, which comes from a trusted
meat supplier.
Based on the Business Risk scenario, determine 3 key balance sheet accounts at risk, why they
are at risk of material misstatement ie Inherent/Audit risk, and the key assertions impacted?

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