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3:34 PM paints QUESTIONS Assume you are the partner in charge of the audit of XYZ. Corporation's 2020 financial statements. The audit report has not

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3:34 PM paints QUESTIONS Assume you are the partner in charge of the audit of XYZ. Corporation's 2020 financial statements. The audit report has not yet been prewed. In each independendolation following (1-4) indicate the appropriate action (-e) to be issued and explain your choice me a Mandard unqualified report lenie a qualified report of an unqualified opinion with an explanatory pangraph - Issue an adverse opinion e-Disclaim an opinion The clone treated a touse a w operating done, but the editor believes it should have been accounted for an a capital case. The effect la material. 2. The auditor was unable to obtain confirmation from two of the client's major customers that were included in the sample. The customers wrot on the confirmation there that they were unable to confirm the balances because of their accounting system. The auditor was able to become satisfied by other wodi procedures 3. The client restricted the auditor from observing the physical inventory Inventory is highly (Pervasive) material item 4-The auditor has completed the nudit and ready to draft the audit report. The only issue identified during the audit related to the valuation of inventory. The calculation of the inventory obsolescence provision is $400,000 greater than the client's calculation. This difference in material to this client For the toolbar, press ALT=F10 (PC) or ALTHEN F10 (Mac) Igs Arial 10pt I. Paragraph Q 6 X X 3 TH 30 E o Esto > - D E Swel Sawe and submit to sale and submit Chick Save All Ansters to call answers

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