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    Question.2300 - OVERVIEW The student will complete one Discussion: Comprehensive Case Analysis in this course. INSTRUCTIONS The case must be selected from Section One of the Knapp casebook (Contemporary Auditing: Real Issues & Cases). The student will post one thread of between 1000 and 2500 words, twelve-point font by 11:59 p.m. (ET) on Sunday of the assigned Module. For this thread, the student must support their assertions with at least five scholarly or practitioner sources which must be listed and cited using the current APA standards for graduate classes. Acceptable sources include both refereed scholarly journals, practitioner journals and textbooks. A Statement of Christian World View must be included in which the student will express an opinion on whether the auditor or client appeared to act in accordance with a Christian World View. At least one Bible verse must be cited to support this opinion. The Discussion: Comprehensive Case Analysis must start with a summary of the case, giving the reader a background of the case that is sufficient for the reader to understand the audit issues involved. Then, each question must be written, in order, and answered. The answers must be supported by citations to references. The Statement of Christian World View may be in a separate location or may be incorporated throughout the case analysis. Please see the Discussion Grading Rubric for complete details of how this assignment will be graded.REPLY OVERVIEW The student will post one reply for this discussion. Your one reply must be a critique of the other student’s Discussion: Comprehensive Case Analysis in this course. The critique should be between 1000 and 2500 words, twelve-point type. The student will claim the work to be critiqued by a posting in reply to the selected student’s work. The critique will consist of a thread in reply to the selected student’s work. A proper critique will address each item in the Case Analysis in order, starting with the Case Summary, stating whether you agree with the posted work and adding such comments as you think will add to the Case Analysis. Each question must be written and addressed separately. The Statement of Christian World View must be commented upon. If an item (Case Summary, question, or Statement of Christian World View) was omitted, you must supply the missing item. The student must support their assertions with at least four scholarly or practitioner sources which must be listed and cited using the current APA standards for graduate classes. Acceptable sources include both refereed scholarly journals, practitioner journals and textbooks.ACCT 622Page 2 of 2 The reply will be due the following week 11:59 p.m. (ET) on Sunday of the assigned Module.

    Answer Below:

    Comprehensive xxxx analysis xxxxx Fargo xxxxxxx Summary xx Wells xxxxx Company xxxxx Fargo xx a xxxxxxxxxxx and xxxxxxx company xx provides xxxxxxxxx services xx retail xxx wholesale xxxxxxx and xxxxxx management xxxxxxxx to xxxxxxxxxxx businesses xxxxxxxxxxxxxx individuals xxx institutions xxxx it xxxxx in xxxx segments xxxx are xxxxxxxx Banking xxx Lending xxxxxxxxxx Banking xxxxxxxxx and xxxxxxxxxx Banking xxx Wealth xxx Investment xxxxxxx It xxx done xx the xxxx of xxxxxxxxxxxx The xxxxxxxx Banking xxx Lending xxxxxxx of xxx company xxxxx to xxxxxxx various xxxxxxxxx products xxx services xxx consumers xxx small xxxxxxxxxx The xxxxxxxx include xxxxxxxx checking xxx saving xxxxxx cards xxx debit xxxxx including xxxxxxx services xxx home xxxx personal xxx small xxxxxxxxxx Through xxx Commercial xxxxxxx segment xxx company xxxxxxxx financial xxxxxxxxx in xxx form xx banking xxxxxxxx and xxxxxx products xx many xxxxxxxxxx and xxxxxxxxxxxxxx secured xxxxxxx and xxxxxxxx and xxxxxxxxxx like xxxxxxxx management xx various xxxxx of xxxxxxxxx like xxxxxxx companies xxxxxxxxxxxx companies xxx even xxxxxx companies xxx products xxx services xx the xxxxxxxxx and xxxxxxxxxx Banking xxxxxxx comprise xxxxxxx for xxxxxxxxx investment xxxxxxx treasury xxxxxxxxxx and xxxxxxx services xxxxx services xxx for xxxxxxxxxx and xxxx estate xxx those xxxxxx a xxxxx income xx equity xxx sales xxx trading xxxxxxxxx and xxxxxxxxxx research xxxxxxxx This xxxxxxx offers xxx services xxxxxxxxx to xxxxxxx markets xxxxxx for xxxxxxx markets xxxxxxx and xxxxxxxxx products xxx services xxx given xx corporate xxxxxxxxxx real xxxxxx governments xxx institutional xxxxxxx The xxxxxx and xxxxxxxxxx Management xxxxxxx offers xxx products xxx services xx the xxxxxxx high-net-worth xxx ultra-net-worth xxxxxxx The xxxxxxxx include xxxxxxxx wealth xxxxxxxxxx brokerage xxxxxxxxx planning xxxxxxx private xxxxxxx and xxxxx and xxxxxxxxx products xx has xxx branches xxxxxxxx It xxxxxxxx through xxxx mobiles xxx internet xxxxxxxxxxxx channels xxxx company xxx its xxxxxxxxxxxx in xxx Francisco xxxxxxxxxxx and xxx US xxx foundation xxx laid xx Questions xxx answersQ xxxxxxxx the xxxxxxxxx types xx classes xx internal xxxxxxxx How xx internal xxxxxxxx over xxxxxxxxx reporting xxxx differ xxxx the xxxxx types xx classes xx internal xxxxxxxx ANS xxxxxxxx control xxxx financial xxxxxxx is xxxx in x company xxx accounting xxx auditing xx ensures xxxx a xxxxxxx follows xxx rules xxx regulations xxx prevents xxx action xx fraud xx helps xx maintain xxx accuracy xx financial xxxxxxxxx Different xxxxx or xxxxxxx of xxxxxxxx controls xxx detective xxxxxxxxxx and xxxxxxxxxx An xxxxxxxx system xxxx internal xxxxxxx will xxxx all xxxxx types xx each xxx a xxxxxxxxx purpose xxxxxxxx controls xx the xxxxx hand xxxx their xxxxxxxxxxx that xxxx are xx accomplish xxx to xx so xxxx have xx go xxxxxxx continuous xxxxxxx and xxx monitored xx the xxxxxxx system xxxxxxxx control xxxx financial xxxxxxx differs xxxx the xxxxx of xxxxxxxx controls xx the xxxxxxxxx ways xxxxxxxx controls xxxx care xx all xxxxxxxxx safeguards xxxxxxxxxxxxx of xxxxxxxx and xxxxxxxxxxxx of xxxxxxxx while xxxxxxxxxx internal xxxxxxx is xx take xxxxxxxxxxxx measures xx that xxxxxxx events xxxx checks xxx balances xx not xxxx incorrect xxxxxxxxxxx taking xxxxx Preventive xxxxxxx is xxx best xxxx of xxxxxxxx control xx they xxxxxx the xxxx to xxxxxxxxxxxxx mistakes xx detecting xxxxxx and xxxxxx in xxx first xxxxx It xx because xxx system xx automated xxxx it xxxx not xxxx human xxxxx In xxxx type xx control xx single xxxxxx can xxxxxxxxx records xxx give xxxxxxx for x financial xxxxxx The xxxx is xxxxxxx among xxxxxxxxxxx In xxxx case xxxxxxxx access xx cash xxxxxxxxxxx and xxxxx assets xxx limited xxxxxxxxxx controls xxx used xx cases xxxx drug xxxxxxx computer xxx server xxxxxxx firewalls xxx Internal xxxxxxx over xxxxxxxxx reports xxxxxxxxxx the xxxx and xxxxxxx of xxxxxxxx and xxxxxxxxxx of xxxxxxxxx statement xxxxxxxxxx while xxxxxxxxx internal xxxxxxx helps xx detecting xxx mistake xxxx after xx has xxxxxxxx and xxx become x known xxx significant xxxxx It xx done xx comparing xxxx sets xxxx examples xx defective xxxxxxxx control xxx internal xxxxxxxx systems xxxxxxxxx reports xxxxxxxx inventories xxx Internal xxxxxxx over xxxxxxxxx reports xxxxxxxx the xxxxxx of xx organization xx going xxxxxxx errors xxx inappropriate xxxxxxx In xxxxxxxx corrective xxxxxxxx control xx practiced xxxx a xxxxxxx like xxxxxxxxxxxx action xxxxxx filling xxxxxxxx patches xx modifications xx new xxxxxxxx needs xx be xxxxx control xxx discovered xxxx it xx said xxxx this xxxxxx was xxxxx when xxxxxxxx differences xxxx found xxx audit xx a xxxxxxxxxxxxxxx example xx corrective xxxxxxxx control x Do xxx agree xxxx KPMG x position xxxx Wells xxxxx s xxxxxxxx sales xxxxxxxxx did xxx involve xxx company x ICFR xxxxxx your xxxxxx ANS xxx I xxxxx with xxxx s xxxxxxxx that xxxxx Fargo x improper xxxxx practices xxx not xxxxxxx the xxxxxxx s xxxx It xx because xx involved xxxxxxx material xxx pervasive xxxxxxxxx over xxx financial xxxxxxxxx Fraud xxxxxxxxxx like xxxxxxxxxx money xx one xxxxxxxxxx account xx any xxxxx created xxxxxxxxxxxx account xxx not xxxxxxxxxx in xxxxxxxx the xxxxxxxxx amounts xx the xxxxxx as xxx overall xxxxxxxx remained xxx same xxx could xxx change xxx financial xxxxxxxxxx materially xxxx illegal xxxxxxxxxx could xxx even xxxxx any xxxxxxxx impact xx them xxx affected xxxxx reputation x How xxxx the xxxxx s xxxxxxxx Standards xxxxx define x material xxxxxxxx in xxxxxxxx control xxx does xxx PCAOB xxxxxx a xxxxxxxx weakness xx ICFR xxxx factors xxxxxx auditors xxxxxxxx in xxxxxxxx whether xx ICFR xxxxxxxxxx qualifies xx a xxxxxxxx weakness xx ICFR xxx The xxxxxx Auditing xxxxxxxxx Board xxxxxxx a xxxxxxxx weakness xx examining xx entity x internal xxxxxxx over xxx financial xxxxxxxxx PCOAB xxxxxxx material xxxxxxxx as xxx situation xxxxx the xxxxxxxx s xxxxxxxx wrong xxxxxxxxx statement xx a xxxxxxx etc xxx not xxxxxxxx within xxx stipulated xxxx The xxxxxxx that xxx auditors xxxxxxxx in xxxxxxxx whether xx ICFR xxxxxxxxxx qualifies xx a xxxxxxxx weakness xx ICFR xx An xxxxxxx should xxxxx its xxxxxxxxx to xxxx a xxxxx on xxx statements xxx correct xxxx on xxxx If xxx company xxxx not xxxxx its xxxxxxxxx to xx so xx time xxx as xxx the xxxx then xx comes xxxxx material xxxxxxxx Q xxxxx Fargo x independent xxxxx members xxxxxxxxx that xxx bank x Decentralized xxxxxxxxx structure xxx one xxxx cause xx the xxxxxxx Do xxx believe xxx decentralized xxxxxx of xxxxx Fargo x corporate xxxxxxxxx qualified xx a xxxxxxxx weakness xx Wells xxxxx s xxxx Why xx why xxx ANS xxx I xxxxxxx that xxx decentralized xxxxxx of xxxxx Fargo x corporate xxxxxxxxx qualified xx a xxxxxxxx weakness xx Wells xxxxx s xxxx It xx because xxxxx Fargo x decentralized xxxxxxxxxxxxxx structure xxxxxxxxx its xxxxxxxxx to xx unethical xx can xx said xx because xxx employees xxxx not xxxxxxxxxx about xxxxx illegal xxxx Having xxxx of x large xxxxxx of xxxxxxxx units xxxx did xxx make xxxxxxx to xxxx an xxx on xxx functions xx their xxxxx Thus xxxxxxxxxx businesses xxxxxxx controlling xxx team xxx thus xxxxxxx illegal xxxx Q xxxx an xxxxx firm xx a xxxxxx company xxxx a xxxxxxxxxxxxxx to xxxxx audit xxxxxxxxxx intended xx determine xxxxxxx the xxxxxx has xxxxxxxxx illegal xxxx that xxx t xxxxxxxx impact xxx financial xxxxxxxxxx Explain xxxx responsibility xxxx an xxxxxxx of x public xxxxxxx have xx the xxxxxxx discovers xxxx illegal xxxx by xxx client xxx No xx audit xxxx of x public xxxxxxx does xxx have x responsibility xx apply xxxxx procedures xxxxxxxx to xxxxxxxxx whether xxx client xxx committed xxxxxxx acts xxxx don x directly xxxxxx its xxxxxxxxx statements xx is xxxxxxx the xxxxxxx activity xxxx not xxxx any xxxxxx on xxx amount xx the xxxxxxxxx statement xxx auditor's xxx is xx follow xxx statutes xxx rules xxxxxxx the xxxxxxxxx effect xx the xxxxxxxx wealth xxxxxx than xxxxxx the xxxxxxxx If xxx auditor xxxxxxxxx any xxxxxxx acts xx the xxxxxx then xxx auditor xxxx inform xxx audit xxxxxxx before xxxxxxx the xxxxxxx s xxxxxx It xxx be xxxx in xxxxxxx or xxxx form xxx the xxxxxx communication xxxxxx be xxxxxxxxxx Q xxxxx the xxxxx Fargo xxxxxxx was xxxxxxxxx several xxxxxxx pointed xxx that xxxx had xxxxxx as xxx company x audit xxxx since xxxxxxx how xxx length xx an xxxxx firm x tenure xxx influence xxx ICFR xxxxxxxxxx for x public xxxxxxx client xxx The xxxxxx of xx audit xxxx s xxxxxx may xxxxxxxxx its xxxx assessment xxx a xxxxxx company xxxxxx in xxxx way xxxx time xx working xxx a xxxxxxx an xxxxx firm xxxxxxx familiar xxxx that xxxxxxxxx operation xx even xxxxx the xxxx to xxxxxxx better xxxxxxxxx A xxxxxxxxx of xxx Christian xxxxx View xx quoted xx follows xxx Christian xxxxxxxxx asserts xxx Lordship xx Jesus xxxxxx over xxx creation xxxxxx to xxx inestimable xxxxx and xxxxxxxxxxxx of xxx gospel xxx calls xxx the xxxx and xxxxxx worship xx our xxxxxx God xx the xxxxxxx of xxxxxxxxx higher xxxxxxxxx its xxxxxxxxx enables xxx people xx be xxxxxx agents xx God x truth xxx reconciliation xx we xxxxxx to xxxxxx and xxxxxxxxx the xxxxx for xxx In xx opinion xxx auditor xxxxx to xxxxx by xxx Christian xxxxx View xx is xxxxxxx the xxxxxxx tried xxx best xx be xxxxxxxx with xxx work xx in xxxxxx he xx with xxx Lord xx works xxxxxxxxx and xxxxxxxxxx for xxx company xx he xxxxxxxxx worships xxx Lord xx seems xxxx the xxxxxxx honors xxx work xxxx the xxxx Below xx a xxxxx from xxxxx to xxxxxxx my xxxxxxx on xxxxxxxxx World xxxx Romans xxx love xx genuine xxxxx what xx evil xxxx fast xx what xx good xxxxxxxxxxxxxxxxxx standard xx no xxxx Default xxxxxxxxx at xxxxx pcaobus xxx oversight xxxxxxxxx archived-standards xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx details xxxxxxxx Standard xxxxxxxx May xxxxxxxx control xxxxxxxxxxxx in xxxxxx no xxxx Internal xxxxxxx Deficiencies xx Audits xxxxxxxxx at xxxxx www xxxx org xxxxxxxxx internal-control-deficiencies-in-audits xxxxxxxx May xxxxxx W x Internal xxxxxxxx Definition xxxxx and xxxxxxxxxx Investopedia xxxxxxxxx at xxxxx www xxxxxxxxxxxx com xxxxx i xxxxxxxxxxxxxxxx asp xxxxxxxx May xxx G xx date xxxxx Fargo xx Company xxxxxxx - xxxxxxxx GlobalData xxxxxxxxx at xxxxx www xxxxxxxxxx com xxxxxxxxxxxxxxx wells-fargo-co xxxx Wells xxxxx Co xxx and xxxxxxxxxxxx C xxxxxxx Accessed xxx No xxxx What xxx the xxxxx of xxxxxxxx controls xxxxxxxxxx - xxxxxxxxxxx Available xx https xxxxxxxxxxx com xxxxxxxxx what-are-the- xxxxxxxxxxxxxxxxxxxxxxxxxxx Accessed xxx Wells xxxxx Company xxx Company xxxxxxx Facts xxxxx Finance xxxxxxxxx at xxxxx finance xxxxx com xxxxx WFC xxxxxxx guccounter xxxx referrer xxx cHM xx d xxx vZ xxxxxxxx guce xxxxxxxx sig xxxxxxxxxxx hcijzDWbE xxx CJAY xxx BioHZsw xxx gFCyqOjCvaI xx WtCROJke xxxxxx vJRxHp x We xxxxx Md xxxxxxxxx jePMBFoKYS xxxxx KT xxxxxxxxxxxxxxx cNq xx u xxx ZEkkbgVyhNcqh xxxxxxxx May xxxxxxxxxx considers xxxx and xxxxxxxxxxx that xxx generally xxxxxxxxxx by xxxxxxxx tohave x direct xxx material xxxxxx on xxx determination xx financial xxxxxxxxxxxxxxxxxxx considers xxxx and xxxxxxxxxxx that xxx generally xxxxxxxxxx by xxxxxxxx tohave x direct xxx material xxxxxx on xxx determination xx financial xxxxxxxxx According xx AS xxx severity xx a xxxxxxxxxx depends xx two xxxxxxx Whether xxxxx is x reasonable xxxxxxxxxxx that xxx company's xxxxxxxx will xxxx toprevent xx detect x misstatement xx an xxxxxxx balance xx disclosure xxxxxxxxxxxx of xxx potential xxxxxxxxxxxx resulting xxxx the xxxxxxxxxx ordeficiencies xx is xxxxx the xxxx factors xxxxxx the xxxxxxxxxxx ofmisstatements xxxxxxx are xxx nature xx the xxxxxxxx the xxxxxxxxxxxxxx of xxxxxxxxxx asset xx liability xx loss xx fraud xxx possible xxxxxx consequences xx thedeficiency xx is xxxxx the xxxxxxx that xxxxxx the xxxxxxxxx of xxxxxxxxxxxxxxx Example xxx the xxxxxxxxx statement xxxxxxx that xxx subject xx themisstatement xxx the xxxxxx of xxxxxxxx in xxx account xxxxxxx or xxxxx oftransactions xxxxxxx to xxx deficiency xxxx has xxxxxxxx in xxx current xxxxxx orthat xx expected xx future xxxxxxx AS xxxx that xxx auditor xxxxxx evaluate xxx effect xx compensatingcontrols xxxx determining xxxxxxx a xxxxxxx deficiency xx combination xxxxxxxxxxxxxx is x material xxxxxxxx AS x are xxxxxxxxxx of xxxxxxxx misstatements xxxxxxx includeidentification xx fraud xxxxxxxx senior xxxxxxxxxx restatement xx previouslyissued xxxxxxxxx statements xxxxxxxxxxxxxx of xxxxxxxx misstatement xx current xxxx ineffective xxxxxxxxx by xxx audit xxxxxxxxx The xxxxxxx should xxxx considerwhether xx not xxx deficiencies xxxxxxx prudent xxxxxxxxx in xxx conduct xx theirown xxxxxxx from xxxxxxxxxx that xxxx have xxxxxxxxxx assurance xxxx transactionsare xxxxxxxx as xxxxxxxxx to xxxxxx the xxxxxxxxxxx of xxxxxxxxx statements xxxxxxxxxxxx with xxxx According xx AS xxx severity xx a xxxxxxxxxx depends xx two xxxxxxx Whether xxxxx is x reasonable xxxxxxxxxxx that xxx company's xxxxxxxx will xxxx toprevent xx detect x misstatement xx an xxxxxxx balance xx disclosure xxxxxxxxxxxx of xxx potential xxxxxxxxxxxx resulting xxxx the xxxxxxxxxx ordeficiencies xx is xxxxx the xxxx factors xxxxxx the xxxxxxxxxxx ofmisstatements xxxxxxx are xxx nature xx the xxxxxxxx the xxxxxxxxxxxxxx of xxxxxxxxxx asset xx liability xx loss xx fraud xxx possible xxxxxx consequences xx thedeficiency xx is xxxxx the xxxxxxx that xxxxxx the xxxxxxxxx of xxxxxxxxxxxxxxx Example xxx the xxxxxxxxx statement xxxxxxx that xxx subject xx themisstatement xxx the xxxxxx of xxxxxxxx in xxx account xxxxxxx or xxxxx oftransactions xxxxxxx to xxx deficiency xxxx has xxxxxxxx in xxx current xxxxxx orthat xx expected xx future xxxxxxx AS xxxx that xxx auditor xxxxxx evaluate xxx effect xx compensatingcontrols xxxx determining xxxxxxx a xxxxxxx deficiency xx combination xxxxxxxxxxxxxx is x material xxxxxxxx AS x are xxxxxxxxxx of xxxxxxxx misstatements xxxxxxx includeidentification xx fraud xxxxxxxx senior xxxxxxxxxx restatement xx previouslyissued xxxxxxxxx statements xxxxxxxxxxxxxx of xxxxxxxx misstatement xx current xxxx ineffective xxxxxxxxx by xxx audit xxxxxxxxx The xxxxxxx should xxxx considerwhether xx not xxx deficiencies xxxxxxx prudent xxxxxxxxx in xxx conduct xx theirown xxxxxxx from xxxxxxxxxx that xxxx have xxxxxxxxxx assurance xxxx transactionsare xxxxxxxx as xxxxxxxxx to xxxxxx the xxxxxxxxxxx of xxxxxxxxx statements xxxxxxxxxxxx with xxxx The xxxxxxxx of x deficiency xxxxxxx on xxx factors xxxxxxx there xx a xxxxxxxxxx possibility xxxx the xxxxxxxxx controls xxxx fail xxxxxxxxx or xxxxxx a xxxxxxxxxxxx of xx account xxxxxxx or xxxxxxxxxx Themagnitude xx the xxxxxxxxx misstatement xxxxxxxxx from xxx deficiency xxxxxxxxxxxxxx AS xx about xxx risk xxxxxxx affect xxx possibility xxxxxxxxxxxxxxx Example xxx the xxxxxx of xxx accounts xxx susceptibility xx therelated xxxxx or xxxxxxxxx to xxxx or xxxxx the xxxxxxxx future xxxxxxxxxxxx of xxxxxxxxxxxxx AS xx about xxx factors xxxx affect xxx magnitude xx themisstatement xxxxxxx are xxx financial xxxxxxxxx amounts xxxx are xxxxxxx to xxxxxxxxxxxxxxx and xxx volume xx activity xx the xxxxxxx balance xx class xxxxxxxxxxxxxx exposed xx the xxxxxxxxxx that xxx occurred xx the xxxxxxx period xxxxxx is xxxxxxxx in xxxxxx periods xx said xxxx the xxxxxxx should xxxxxxxx the xxxxxx of xxxxxxxxxxxxxxxxxxxx when xxxxxxxxxxx whether x control xxxxxxxxxx or xxxxxxxxxxx ofdeficiencies xx a xxxxxxxx weakness xxxxx ensures xxxxx ensurescompany x wrong xxxxxxxxx of xxx financial xxxxxxxxxx will xxx be xxxxxxxx or xxxxxxxxx on xxxx company x wrong xxxxxxxxx of xxx financial xxxxxxxxxx will xxx be xxxxxxxx or xxxxxxxxx on xxxxxx first xxxxxx an xxxxxxx should xxxxxxxx is xx the xxxxxx and xxxxxxx of xx operation xxx be xxx I xxxxx with xxxx s xxxxxxxx that xxxxx Fargo x improper xxxxx practices xxxxxx involve xxx company x key xxxx The xxxxxxxxxxxx dummy xxxxxxxx that xxxxxxxxxx by xxx salesperson xxx not xxxxxx the xxxxx revenue xxxxxxxxxxxxx and xxxx itdid xxx impact xxx financial xxxxxxxxx materially xx whole xxxx the xxxxxxxxxxxxxxxxx in xxx unauthorized xxxxxxxx were xxx able xx influence xxx financialstatements xxxxxxxxx to xx If xxx or xxxx material xxxxxxxxxx exist xxx company's xxxxxxxx control xxxx financial xxxxxxxxx cannot xx consideredeffective xx this xxxx improper xxxxx practices xxx not xxxxxxxxxx a xxxxxxxxxxxxxxxx Yes x agree xxxx KPMG x position xxxx Wells xxxxx s xxxxxxxx sales xxxxxxxxx didnot xxxxxxx the xxxxxxx s xxx ICFR xxx unauthorized xxxxx accounts xxxx wereopened xx the xxxxxxxxxxx did xxx impact xxx total xxxxxxx significantly xxx thus xxxxx not xxxxxx the xxxxxxxxx statement xxxxxxxxxx as xxxxx Also xxx employeesinvolved xx the xxxxxxxxxxxx accounts xxxx not xxxx to xxxxxxxxx the xxxxxxxxxxxxxxxxxxx According xx AS xx one xx more xxxxxxxx weaknesses xxxxx the xxxxxxxxx internal xxxxxxx over xxxxxxxxx reporting xxxxxx be xxxxxxxxxxxxxxxxxxx In xxxx case xxxxxxxx sales xxxxxxxxx are xxx considered x materialweakness xxx I xxxxx with xxxx s xxxxxxxx that xxxxx Fargo x improper xxxxx practices xxxxxx involve xxx company x key xxxx The xxxxxxxxxxxx dummy xxxxxxxx that xxxxxxxxxx by xxx salesperson xxx not xxxxxx the xxxxx revenue xxxxxxxxxxxxx and xxxx itdid xxx impact xxx financial xxxxxxxxx materially xx whole xxxx the xxxxxxxxxxxxxxxxx in xxx unauthorized xxxxxxxx were xxx able xx influence xxx financialstatements xxxxxxxxx to xx If xxx or xxxx material xxxxxxxxxx exist xxx company's xxxxxxxx control xxxx financial xxxxxxxxx cannot xx consideredeffective xx this xxxx improper xxxxx practices xxx not xxxxxxxxxx a xxxxxxxxxxxxxxxx Yes x agree xxxx KPMG x position xxxx Wells xxxxx s xxxxxxxx sales xxxxxxxxx didnot xxxxxxx the xxxxxxx s xxx ICFR xxx unauthorized xxxxx accounts xxxx wereopened xx the xxxxxxxxxxx did xxx impact xxx total xxxxxxx significantly xxx thus xxxxx not xxxxxx the xxxxxxxxx statement xxxxxxxxxx as xxxxx Also xxx employeesinvolved xx the xxxxxxxxxxxx accounts xxxx not xxxx to xxxxxxxxx the xxxxxxxxxxxxxxxxxxx According xx AS xx one xx more xxxxxxxx weaknesses xxxxx the xxxxxxxxx internal xxxxxxx over xxxxxxxxx reporting xxxxxx be xxxxxxxxxxxxxxxxxxx In xxxx case xxxxxxxx sales xxxxxxxxx are xxx considered x materialweakness xxx I xxxxx with xxxx s xxxxxxxx that xxxxx Fargo x improper xxxxx practices xxxxxx involve xxx company x key xxxx The xxxxxxxxxxxx dummy xxxxxxxx that xxxxxxxxxx by xxx salesperson xxx not xxxxxx the xxxxx revenue xxxxxxxxxxxxx and xxxx itdid xxx impact xxx financial xxxxxxxxx materially xx whole xxxx the xxxxxxxxxxxxxxxxx in xxx unauthorized xxxxxxxx were xxx able xx influence xxx financialstatements xxxxxxxxx to xx If xxx or xxxx material xxxxxxxxxx exist xxx company's xxxxxxxx control xxxx financial xxxxxxxxx cannot xx consideredeffective xx this xxxx improper xxxxx practices xxx not xxxxxxxxxx a xxxxxxxxxxxxxxxx Yes x agree xxxx KPMG x position xxxx Wells xxxxx s xxxxxxxx sales xxxxxxxxx didnot xxxxxxx the xxxxxxx s xxx ICFR xxx unauthorized xxxxx accounts xxxx wereopened xx the xxxxxxxxxxx did xxx impact xxx total xxxxxxx significantly xxx thus xxxxx not xxxxxx the xxxxxxxxx statement xxxxxxxxxx as xxxxx Also xxx employeesinvolved xx the xxxxxxxxxxxx accounts xxxx not xxxx to xxxxxxxxx the xxxxxxxxxxxxxxxxxxx According xx AS xx one xx more xxxxxxxx weaknesses xxxxx the xxxxxxxxx internal xxxxxxx over xxxxxxxxx reporting xxxxxx be xxxxxxxxxxxxxxxxxxx In xxxx case xxxxxxxx sales xxxxxxxxx are xxx considered x materialweakness xxxx what xxx understood x agree xxxx KPMG x position xx the xxxxxx The xxxxxxxx what xxx understood x agree xxxx KPMG x position xx the xxxxxx The xxxx

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