Question 6 You are the audit manager of Weng & Co. Public accounting firm. During the subsequent events review on the audit of Maxim Sdn Bhd (Maxim) for the year ended 30 April 2021, you discovered that a machine, which was included in the statement of financial position at a carrying value of RM 200,000, was sold for RM150,000 on 12 May 2021. The management of Maxim refused to make any adjustment to the financial statements in respect of this matter. The draft financial statements for the year ended 30 April 2021 show a profit before tax of RM 450,000 and total assets of RM 980,000. Required: (a) Describe FOUR (4) audit procedures to audit subsequent events. (4 marks) Explain, with reasons, the action which should be taken by the audit manager in respect of the above matter. (4 marks) (b)