Cerulean Ltd operates in the steel fabrication industry. Its business is organised into domestic and international sales,
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Cerulean Ltd operates in the steel fabrication industry. Its business is organised into domestic and international sales, and has many clients in each area. It obtains most of its raw materials from two suppliers, both located in the same state as Cerulean’s main operations. The government is currently considering relaxing the tariffs on steel, so that more overseas suppliers can enter the domestic market in competition with Cerulean.
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What issues would the auditor be interested in researching further for Cerulean Ltd?
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An auditor reviewing Cerulean Ltd in light of the potential changes in the steel industry tariffs would likely be interested in researching several ke...View the full answer
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Related Book For 
Auditing A Practical Approach
ISBN: 9780730382645
4th Edition
Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton
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