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When Auditing Elegant Jewelry Designs, Blumeray, CPA Was Not Familiar

Question 126

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When auditing Elegant Jewelry Designs, Blumeray, CPA was not familiar with the quality and cut of the company's precious jewel inventory.To address this shortcoming, Blumeray hired Gannet, an expert in jewel valuation, to assist in the inventory valuation.Should Blumeray refer to Gannet's work in the audit report?

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The auditors' report should me...

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