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Prepare a memo that (1) summarizes relevant professional standards (standard and paragraph should be cited) related to each of the 4 issues and (2) proposes

Prepare a memo that (1) summarizes relevant professional standards (standard and paragraph should be cited) related to each of the 4 issues and (2) proposes any journal entries for all misstatements you identify, regardless of the amount involved. That is, don't simply say no entry is needed because any amount involved would be immaterial.

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