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# 3: The case states that a related parties inquiry letter was sent to the Omar Development Company. What is the purpose of this document?

# 3: The case states that a related parties inquiry letter was sent to the Omar Development Company. What is the purpose of this document? Why is related party transactions important to study and understand in an audit engagement? Explain whether related party transactions are always subject to the auditor's objection or not and when will the auditor object to these transactions

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