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Assume that an auditor is auditing a public company client that manufactures computer hardware and markets significant maintenance and consulting services

Accounting

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Assume that an auditor is auditing a public company client that manufactures computer hardware and markets significant maintenance and consulting services. The auditor should be concerned about which of the following?

1.       Appropriate accounting for commissions on sales.

2.       Significant revenue issues associated with bundling products and services.

3.       More than the usual concern about collection risk.

4.       Significant concerns about the completeness of revenues.