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1 External auditors feel relax where have an internal audit system in force-Explain. 2.Explain the purpose of choosing a method for inventory valuation 3.what is

1 External auditors feel relax where have an internal audit system in force-Explain.

2.Explain the purpose of choosing a method for inventory valuation

3.what is restricted cash? How to report non cash activities in the financial Statement?

4.What are the five steps of revenue recognition? Explain with example

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