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CONFIDENTIAL You are required to: 3 QUESTION 2 (10 marks) You are a 2nd year trainee accountant at Osborne Inc. and are currently busy with the audit of Truly Worthit, a clothing retail company. Truly Worthit is a clothing retail company with a 28 February 2021 financial year-end. The company has branches across the country with multiple bank accounts. You are responsible for the audit of the company's bank balances at year-end. Describe the substantive procedures that you should perform to obtain sufficient and appropriate audit evidence regarding Truly Worthit bank balance as reflected in the (10) company's financial statements at year-end

QUESTION 2 (10 marks) You are a 2 nd year trainee accountant at Osborne Inc. and are currently busy with the audit of Truly Worthit, a clothing retail company. Truly Worthit is a clothing retail company with a 28 February 2021 financial year-end. The company has branches across the country with multiple bank accounts. You are responsible for the audit of the company's bank balances at year-end. You are required to: Describe the substantive procedures that you should perform to obtain sufficient and appropriate audit evidence regarding Truly Worthit bank balance as reflected in the company's financial statements at year-end

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