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Question 10 Question 10 of 14 10 points Save Answer Mariam Company, Mariam's clothes, is a successful clothes retail business with one store. Mariam would
Question 10 Question 10 of 14 10 points Save Answer Mariam Company, Mariam's clothes, is a successful clothes retail business with one store. Mariam would like to expand to two locations, but the bank has asked for an independent audit before it will provide financing. Mariam hires her brother-in-law, Rami, to perform the audit. Rami has experience in auditing non-profit organizations and he decides to perform the audit the same way as his other audits. After completing all the steps of the audit process Rami issues an unqualified opinion indicating that he is certain that the company's financial statements contain no misstatements Required: What was the underlying problem with Rami audit of Mariam Clothes
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