Please solve questions 10-22 & 10-26 only.

DISCUSSION QUESTIONS AND PROBLEMS 0-2) During audit planning, an auditor obtained the following 10-22 dosUECTIVE 1. financi stability or profitability is threatened by economic, industry, or entity operating conditions. for management to meet high debt repayment or other exce 2 There an requirements. covenant net worth is materially threatened Manageme the entity's financial performance. accounting estimates involve subjective judgments or uncertainties that very 4 difficult to verify. are of director or audit committee oversights over financial reporting very 5, ineffec high turnover or ineffective accounting. internal audit, or information technology sta or ineffective communication and support of the entity There is very inappropriate s. values. many known history of violations of securities laws or other laws and are 9 regulations makes very aggressive or unrealistic forecasts to ment's practice overly Manage other third parties. analysts, creditors, and Indicate whether the information indicates an increased risk for fraud. a. the information indicates an increased risk of fraud, indicate which fraud condition opportunities, or attitudes/rationalization) is indicated. b Chapter ASSESSING AND RESPONDING TO FRAUD RISKS