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You have completed in the financial statement audit of ABC Company for the year ended December 31, 2020. You are drafting the independent auditors report
You have completed in the financial statement audit of ABC Company for the year ended December 31, 2020. You are drafting the independent auditors report and are reviewing the situations described in the following four questions.
Answer each question independently. Explain how and why the standard unqualified report should be modified for each of the following items, or explain why it would not be modified.
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