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A. Identify the inherent risk and fraud risk associated with each of the following accounts: Stockholder's equity Bonds Payable Warranty Payable B. What are the

A. Identify the inherent risk and fraud risk associated with each of the following accounts:

      • Stockholder's equity
      • Bonds Payable
      • Warranty Payable

B. What are the substantive audit procedures that should be performed for auditing of retained earnings and dividends?

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