Consult Paragraphs B28-B31 (in Appendix B) of PCAOB Auditing Standard No. 5. Define what is meant by

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Consult Paragraphs B28-B31 (in Appendix B) of PCAOB Auditing Standard No. 5. Define what is meant by a benchmarking strategy. Based on the case information, do you believe that a benchmarking strategy would have been appropriate during the first year audit at WMI? Why or why not?
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