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Please answer the following questions with explanations. Thank you! Q1. Provide at least 2 specific reasons for eliminating the ICFR requirement for all businesses. Q2.

Please answer the following questions with explanations. Thank you!

Q1. Provide at least 2 specific reasons for eliminating the ICFR requirement for all businesses.

Q2. If FTX had been required to undergo the IFRS audit, do you think it would have made a difference? Why or why not?

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