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1. Although you are not writing an essay, pay attention to proper construction. 2. Ensure your answers sufficiently communicate your thoughts, don't assume the reader

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1. Although you are not writing an essay, pay attention to proper construction. 2. Ensure your answers sufficiently communicate your thoughts, don't assume the reader knows what you are presenting. 3. You are not producing jottings 4. Avoid one paragraph responses 5. Use separate paragraphs and or list styles to present your work 6. You are required to post your response as well as comment on at least one other student's submission. Meaningful comments are required when responding to other student's work. GKC, CPA expressed an adverse opinion on the operating effectiveness of internal control on December 31, 2020 for TQI, Inc. This was due to a material weakness related to the key control activity, monitoring of accounts receivable arrears by the credit manager. The auditor expressed an unqualified opinion on the financial statements. In a planning meeting for the 2021 audit, a new audit associate was adamant that the firm made a mistake in issuing an unqualified opinion on the 2020 financial statements when it was mentioned that the control, concluded to be a material weakness, did not also operate effectively for most of 2020. Explain how the unqualified opinion on the 2020 financial statements was possible. Incorporate the audit risk model in your response

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