Using current literature, complete “Case 17-9, Contradictory Evidence” that is attached. Here are the specific questions that need to be answered:

Required:

For each case in the document:

1. Identify and summarize the corroborative and contradictory audit evidence in each scenario.

2. Determine what additional information, if any, is needed to reach a conclusion regarding management’s assertion.

3. On the basis of the case facts, determine whether management’s assertion is supportable and how additional information obtained might change your conclusion.

4. What are the ethical issues that need to be considered? (this question is in addition to the ones at the end of the case)

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