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Gold LLC. wants to outsource supplier payments and have approached your audit firm to process supplier payments, printout cheques and get the cheques authorized and

  1. Gold LLC. wants to outsource supplier payments and have approached your audit firm to process supplier payments, printout cheques and get the cheques authorized and signed by a designated partner, on the companys behalf.

You are required to identify the threats to independence in the situation described above and suggest how the firm might deal with them.

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