Consult Paragraphs 24-27 of PCAOB Auditing Standard No. 14. Based on the case information presented, do you

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Consult Paragraphs 24-27 of PCAOB Auditing Standard No. 14. Based on the case information presented, do you believe that the management of FOF exhibited bias in their estimates? Why or why not? Next, if they did exhibit bias, please identify two steps that you would take if you were auditing FOF.
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