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Did anyone get this q? If so, what did you write for it?
I had:
Q1: matters relating to planning audit (6m), audit risk planning (24m) procedures re investment property (8m) ethical issue (both companies audited by same firm but one buying another and wants firm to produce DD) (8m)
Q2: arjan – final review and subsequent events (15m)
Matters to consider and audit opinion (10m)
Q3: evaluate cash flow statement (10m) & identify procedures (8m)
Don’t remember the final part
What did everyone write for q2?
Was the contribution not supposed to be inflated for 10 years?
Ah right! Thanks! My mind went completely blank for payback
Hey, could anyone tell me what your payback and NPV answers in section b were?
