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9. Were the financial statements materially misstated because of the control deficiency? ((a) Yes or (b)No) Briefly explain why. 10. What is the auditor's responsibility

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9. Were the financial statements materially misstated because of the control deficiency? ((a) Yes or (b)No) Briefly explain why. 10. What is the auditor's responsibility with respect to the error discussed above (Incorrect cash flow projection and the control C05 not working)? 11. Would you report this to the (a) board of directors/Management? (b)The SEC? (c)The PCAOB? (d)The police? Explain why briefly. 12. Should the CFO be fired? Why or why not

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