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1. In confirming an account with outside parties, what must the audit establish (e.g., outside party exists, outside party is objective and knowledgably, etc.)? 2.

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1. In confirming an account with outside parties, what must the audit establish (e.g., outside party exists, outside party is objective and knowledgably, etc.)? 2. In confirming cash, what is the difference between the book and bank balance and what is the auditor's responsibility with respect to that difference? 3. What are possible events in a confirmation that would discredit it as "evidence" supporting a balance

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