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You are controller of large manufacturing company that will not allow you to confirm the receivable balance from two of its major customers. The amounts
You are controller of large manufacturing company that will not allow you to confirm the receivable balance from two of its major customers. The amounts of the receivables are material in relation to the company's' financial statements. You are unable to satisfy yourself as to the receivable balances by alternative procedures.
Would this condition conditions requiring a modification of or a deviation from an unqualified standard report? Why or why not?
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