Question

Case 5-20. Description of the business: G.G. Corporation designs, develops, manufactures and markets a wide range of personal computing products, including desktop personal computers, portable computers, network services and peripheral products, that store and manage data in network environment. The company markets its products primarly to business, home, government and education customers. The company operates in one principal industry segment across geographically diverse markets. The company is subject to legal percentage and claims which arise in the ordinary course of the business. Management does not believe that the outcome of any of those maters will have a material adverse effect on the company's considered financial position or operating results. Required: Based on the information presented, evaluate the company for acceptance. List others that must be reviewed in order to determine acceptability. Make a checklist for areas covered. Outline your audit approach. a. b. c.

Answer 1

Saqe wide Vouqe s alta cema omiu oponakon ovidej all marly Sness horme oonrren, an lren! Lasscolly irs har s Scanned with CamScanner

Provtedle ako mogemnH Knoan (erm Vasc sSness indus managemer on ta C esult a ( ry S OnSb cdalr onseence acee au a clkel CSI Scanned with CamScanner