Samantha Seekineau, Soma Orkoton Logiston (SOL), is in charge of the audit of Olympic Fashions. Five young
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Samantha Seekineau, Soma Orkoton Logiston (SOL), is in charge of the audit of Olympic Fashions. Five young assistant accountants are working with Seekineau on the engagement, and several are avid wind-surfers. Olympic Fashions owns two villas on Mikonos, which it uses to entertain clients. The comptroller of Olympic Fashions has told Seekineau that she and her audit staff are welcome to use the villas at no charge any time they are not already in use. How should Seekineau respond to this offer? Explain.
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Seekineau should refuse the offer to use the villa in Mikonos because that wo...View the full answer
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Related Book For 
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
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