Question: 1.In 200 words or less, identify and explain three key advantages and two key disadvantages of a letter grade approach to writing audit reports on

1.In 200 words or less, identify and explain three key advantages and two key disadvantages of a letter grade approach to writing audit reports on managements financial statements.

2.Try to identify three other assurance providers, besides financial statement auditors, that provide a form of assurance involving letter grades on the subject matter of their assurance engagement.

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