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Simply answer the following questions: 1. Why might it be considered unnecessary to audit the financial records of a small company? 2. Can you suggest

Simply answer the following questions:

1. Why might it be considered unnecessary to audit the financial records of a small company?

2. Can you suggest a reason why a small company may choose to carry out an audit on a voluntary basis?

3. How could a board of directors influence an auditor's report?

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