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5. Olympus acted as a guarantor of loans made by the banks to CFC and QP by depositing funds at the banks equal to the

5. Olympus acted as a guarantor of loans made by the banks to CFC and QP by depositing funds at the banks equal to the amount loaned. Do you think this creates a related-party relationship? Review the auditing standards pertaining to related parties. Why are transactions with related narties suhieot to narticnlar semtinv

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