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M Your Invitation to registe x A simulation Accountin x C Copart USA Leader in C x C Transtutors study l Guided sc x M C Secure I am,becket m/assignments 8168/study Apps My Alabama Taxes Auto Data Direct In D PONTIAC-bandas ser httpsllservicesflh LLicense Plates and Fra D Miami-Dade County recesas -QueRicavida N Tas Colector-Miami D sign up N ocher bookmarks AccountingMaster” Home Assignments anne Londave BECKER KA Sct Time Elapsed Simulation 27 49 estlett 2 of 2 Unsplit Split Horiz Split Vertical Spreadsheet Calculator Submit Testlet MINUTI ES ECOND Audit Risk AICPA Adapted Information Authoritative Literature Help Note: Use the data provided in the tab titled “Infomation’ to answar this question. Based on the infomation in the Com my Profile of Aquatic Jet Produ indic ach item whether the item would mo ncrease audit risk. ropriate next to Profile Information 1. Finished goods are sold primarily to independent marine stores throughout the United States. 2. Tough new federal emissions regulations further threaten industry profitability 3. The company’s bank, wary of daciiningtrands, has placed strict new covenants on the company’s renewed line-of-cradt. The p that they have la 5. A senior accountant from the prior audit firm has taken an accounting position with the company. 6. Finished watercraft inventory is kept in an open lot outside the Florida facility ploy 1 2 3 4 5 6 7 8 9 P Reminder Directions Prevo Next

 

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