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For each of the following independent situations, indicate the reason for and the type of financial statement audit report that you would issue. Assume that
For each of the following independent situations, indicate the reason for and the type of financial statement audit report that you would issue. Assume that all companies mentioned are private companies and that each item is at least material. a. Thibodeau Mines, Inc., uses LIFO for valuing inventories held in the United States and FIFO for inventories produced and held in its foreign operations. b. Walker Computers is suing your client, Super Software, for royalties over patent infringement. Super Software
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