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Problem 7. 1 7.1. Answer the following questions about the audit of Springers Lumber & Supply. a. What deficiencies existed in the internal environment at
Problem 7.1
7.1. Answer the following questions about the audit of Springers Lumber & Supply.
a. What deficiencies existed in the internal environment at Springers?
b. Do you agree with the decision to settle with the Springers rather than to prosecute them for fraud and embezzlement? Why or why not?
c. Should the company have told Jason and Maria the results of the high-level audit? Why or why not?
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