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You are a new staff associate on an engagement team that is auditing one of your accounting firm's biggest clients.While at the client site, you

You are a new staff associate on an engagement team that is auditing one of your accounting firm's biggest clients.While at the client site, you become aware that staff purchases of goods manufactured by the company are authorized by production managers, and then processed outside the accounting system. The proceeds from these sales are used to fund the firm's annual party. Describe what course of action you would take in this scenario and why.Where would you look for guidance on how to handle this scenario?

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