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Case 1.1 Waste Management: The Expense Recognition Principle Q.#3 Copnsult Paragraph 2 of PCAOB Auditing Standard No. 5. Do you believe that Waste Management had

Case 1.1

Waste Management: The Expense Recognition Principle

Q.#3 Copnsult Paragraph 2 of PCAOB Auditing Standard No. 5. Do you believe that Waste Management had established an effective system of internal control over financial reporting related to the depreciation expense recorded in its financial statements? Why or why not?

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