Up to 1 mark per well explained threat, being ½ mark for identify and ½ mark for explain, and up to 1 mark for
method of managing risk, overall maximum of 5 marks each for risks and managing of risks.
– Familiarity threat – independent review partner
– Self-interest threat – attending audit committee meetings
– Self-interest threat – recruitment of senior management
– Self-interest threat – overly reliant on fee income
– Self-interest threat – outstanding fees
– Self-interest/familiarity threat – manager leaving to join Willow 10
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