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What documents would an auditor use to check the following things on the balance sheet/income statement? Why would these balances pose a concern to an

What documents would an auditor use to check the following things on the balance sheet/income statement? Why would these balances pose a concern to an auditor?

  1. Other income (expense), net (Income Statement)
  2. Cash and cash equivalents (Balance Sheet)
  3. Inventory (Balance Sheet)
  4. Accounts payable (Balance Sheet)
  5. Accrued liabilities and other (Balance Sheet)

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