Question: Refer to the Auditing in Practice feature Performing Appropriate Substantive Procedures in the Revenue Cycle: The Case of Kyoto Audit Corporation. What substantive procedures did

Refer to the Auditing in Practice feature "Performing Appropriate Substantive Procedures in the Revenue Cycle: The Case of Kyoto Audit Corporation." What substantive procedures did Kyoto not perform appropriately? If such procedures are not performed appropriately, will the client's financial statements be misstated? Explain your answer.

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