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Ironstone, LLP is auditing the financial statements of Candlewood Co., a nonissuer, as of and for the year ended December 31, Year 6 . The
Ironstone, LLP is auditing the financial statements of Candlewood Co., a nonissuer, as of and for the year ended December 31, Year 6 . The engagement team interviewed Candlewood staff and inspected documents in order to obtain an understanding of the company's system of internal control. Documentation of the interviews and supporting information is found in the exhibits above. The engagement team is documenting its understanding of the design of internal controls related to the purchasing cycle in the document below. Review the exhibits and revise the document below as necessary. To revise the document, click on each segment of underlined text below and select the needed correction, if any, from the list provided. If the underlined text is already correct in the context of the document, select [Original Text] from the list. EXHIBITS Purchasing Cycle Under
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