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I am having trouble with a problem in my Audit class ACC/546. It involves case 7.1 Anne Aylor. I am struggling with G-7 Please help

I am having trouble with a problem in my Audit class ACC/546. It involves case 7.1 Anne Aylor. I am struggling with G-7 Please help

ReviewExhibits 1and2; audit memosG-3andG-4;and audit schedulesG-5, G-6andG-7. Based on your review, answer each of the following questions:

[a]Why are different materiality bases considered when determining planning materiality?

[b]Why are different materiality thresholds relevant for different audit engagements?

[c]Why is the materiality base that results in the smallest threshold generally used for planning purposes?

[d]Why is the risk of management fraud considered when determining performance materiality?

[e]Why might an auditor not use the same performance materiality amount or percentage of account balance for all financial statement accounts?

[f]Why does the combined total of individual account performance materiality commonly exceed the estimate of planning materiality?

[g]Why might certain trial balance amounts be projected when considering planning materiality?

[2]Based on your review of the Exhibits (1 and 2) and audit memos (G-3andG-4), complete audit schedulesG-5, G-6andG-7.

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