Due to a computer system failure in your client's purchasesiaccounts payable system, it was impossible for your GAS to access the les and automatically generate a list of creditors for supplier conrmations. This forced you to use subsequent payments testing instead. Accounts payable is a very signicant account for your client and they have a strong positive cashow and a history of paying suppliers on time. [2 marks] Opinion (1 mark}: Justication {1 mark}: JKL Ltd is an Australian pharmaceutical company that has developed a new drug to treat Alzheimer's disease, called i'vlemocure. A competitor, Global Pharmaceuticals Inc., has recently launched a new Alzheimer's drug called Remcal, which has been a huge success on the international market. JKL is suing Global Pharmaceuticals because it believes that Remcal is so similar to lvlemocure that it violates JKL's patent. JKL's Lawyers believe that they have a good chance of winning the case. If they succeed, JKL will receive a very large amount of compensation that will more than double their prots for the next ve years. This information has been adequately disclosed in the nancial statements. [2 marks] Opinion (1 mark}: Justication {1 mark)