Two to Three page paper in APA Style

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Business Finance

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Please answer the below questions in a two to three page paper format. Must use the information provided with correct grammar and sentence structure.

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* से B chegg.com/homework-help/zzzz-best-1-questions-1-believe-auditors-held-liable-failing-chapter-5-proble Chegg Study TEXTBOOK SOLUTIONS EXPERT Q&A E Chapter 5, Problem 20 (4 Bookmarks) Show all steps: 7777 Best Questions 1. Do you believe that auditors should be held liable for failing to discover fraud in situations such as ZZZZ Best, where top management goes to great lengths to fool the auditors? Explain. 2. Discuss the red flags that existed in the ZZZZ Best case and evaluate Ernst & Whinney's efforts with respect to fraud risk assessment. Criticize the firm's approach to the audit from a professional judgment perspective 3. These are selected numbers from the financial statements of ZZZZ Best for fiscal years 1985 and 1986: 198 Sales $1,24 chegg.com/homework-help/izzz-best-1-questions-1-believe-auditors-held-liable-failing-chapter-5-problem-2c-solution-9781259543470-exc Search EXPERT Q&A g Study TEXTBOOK SOLUTIONS ON Show all steps: (4 Bookmarks) Chapter 5. Problem 20 x2 0 Continu 20 question 1. Do you believe that auditors should be held liable for failing to discover fraud in situations such as ZZZZ Best, where top management goes to great lengths to fool the auditors? Explain. > 2 Disruss the red flans that existed in the 7777 Rest race and evaluate Ernst &"'nney's 1985 1986 $1,240,524 $4,845,347 Sales 576,694 2,050,779 Cost of goods sold 0 693,773 Accounts receivable 30,321 87,014 Cash 2,930 Current liabilities 1,768,435 780,507 0 Notes payable-current 3 Cash Current liabilities cauntina ype here to search ( hp 16 17 ? 19 * 0 + 2 % 2 3 5 6 & 7 8. 9 Q w E R T Y U O P А 47 S D F G H J K. ng Study TEXTBOOK SOLUTIONS EXPERT Q&A Chapter 5, Problem 20 0 (4 Bookmarks) Show all steps. ol Current liabilities Notes payable-current a. What is the purpose of performing analytical review procedures in an audit performed under GAAS? What calculations or analyses would you make with these numbers that might help you assess whether the financial relationships are reasonable"? b. Given the facts of the case, what inquiries might you make of management based on your analysis? Barry: The Afterlife Questions (continued) 4 Why do you think Minkow was able to pull off the fraud at the church for so long and not be detected?
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Anonymous
Awesome! Perfect study aid.

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