Type I subsequent events indicate conditions that did not exist at the balance sheet date,but that may require disclosure.
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Q42: Procedures such as a cutoff test and
Q43: Significant changes in the competitive market and
Q44: A number of studies of bankruptcies have
Q45: Ratio analysis,common-size analysis,and analysis of the dollar
Q46: Auditors should obtain a management representation letter
Q48: An example of a Type I subsequent
Q49: An additional procedure related to subsequent events
Q50: Analytical procedures may indicate that new controls
Q51: Review analytical procedures help auditors assess the
Q52: By performing a final analytical review,the audit
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