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Your audit firm is carrying out the audit of NKM Ltd. You happen to be on the team assigned to the client (NKM Ltd). In

Your audit firm is carrying out the audit of NKM Ltd. You happen to be on the team assigned to the client (NKM Ltd). In groups of 10, use the risk-based audit approach and the financial statement assertions to audit the payroll and long-term loans assigned to you.

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