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1. Please explain Audit of Long-term Liabilities 2. Please explain ISA540 and AU-C 540. 3. What are the indicators of possible management bias of ISA540

1. Please explain Audit of Long-term Liabilities

2. Please explain ISA540 and AU-C 540.

3. What are the indicators of possible management bias of ISA540 and AU-C 540 standards.

4. Please explain whether the presence of an indicator of management bias means there is a material misstatement.

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1 Audit of Longterm Liabilities The audit of longterm liabilities involves the examination of obligations that extend beyond the current operating cyc... blur-text-image

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