You are an audit manager of Nectar Co. and you are planning the audit of...

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Accounting

You are an audit manager of Nectar Co. and you are planning the audit of Apple Ltd, which is listed. Mr. X has been the audit engagement partner for nearly 8 years and his daughter has just been employed as sales manager. As part of her pay package, she would also be entitled to shares in Apple Ltd. The finance director of Apple Ltd has resigned four months ago and his replacement has not yet been made. In order

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