you are the senior on an audit of Teleko, a large public company. the company...
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Accounting
you are the senior on an audit of Teleko, a large public company. the company recently completed an acquisition of its fifth largest competitor. the competitor is known for historical accounting manipulations related to purchasing such as under- or over-statement of liabilities and expenses. list at least 6 most relevant analytical procedures that can be used to test purchasing-related accounts. what potential misstatements are indicated by each of these analytical procedures?
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