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| Topic: |
Business
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| Number of pages / Number of words: |
4 / 961 |
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That 5% can help in making the argument that the investment was material, and that Goodbread had enough incentive to oversee an unethical audit.
The materiality of Michael’s investment was more than likely an issue, but at the same time it was not the main issue. Like it was stated in the answer to number one, his investment in Koger gave the appearance that his independence was impaired...
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Like it was stated in the answer to number one, his investment in Koger gave the appearance that his independence was impaired. If Michael Goodbread owned substantially less than four hundred shares of stock, say ten shares, than this may be a dead issue. But, performing an audit over a company that you have invested $10,400 of your own money in will more than likely catch the eye of someone...
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General points of the essay
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