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What type of auditor report would be issued in each of the following cases? London Company has material investment in stocks of subsidiary companies. Stock
What type of auditor report would be issued in each of the following cases? London Company has material investment in stocks of subsidiary companies. Stock of the subsidiary companies is not actively traded in the market. And the CIA firm's engagement does not extend to any subsidiary company. The ICA firm is able to determine that all investment are carried at original cost, and the auditors have no reason to suspect that the amounts are not stated fairly
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