Please consider the five steps of the KPMG Judgment Framework. For each step, think carefully about what the auditors could have done to help detect the fraudulent activity related to the warranty reserve account at Hamilton Company. Please use the following questions to guide your critical thinking about this case: a) Clarify the issues and the objectives related to auditing the warranty reserve account at Hamilton. To do so, pleas ask yourself what specific problem needs to be solved by the auditor? What assumptions would have the biggest impact on the overall judgment to be made? How does this judgment relate to the overall audit process? b) Consider the various alternatives that should be thought about when auditing the warranty reserve account at Hamilton. To do so, please ask yourself about each of the alternatives that are reasonably possible, even when they might contradict the client's point of view. Are there any external factors that should be considered? c) Consider the type of information and evidence that should be gathered when completing the audit of the internal control activities related to the warranty reserve account at Hamilton. To do so, please ask yourself about the type of information that would be helpful to determine whether the internal control activities were operating effectively. How can you be sure that the information gathered is reliable? In addition, how can you be sure that the evidence is appropriate in this situation? Finally, what evidence could be gathered that might reveal that the internal controls were NOT operating effectively? d) Consider the type of information and evidence that should be gathered when completing the substantive testing procedures related to the warranty reserve account at Hamilton. To do so, please ask yourself about the type of information that would be helpful to determine whether the warranty reserve account was fairly stated in the financial statements. How can you be sure that the information is reliable? In addition, how can you be sure that the evidence is appropriate in this situation? Finally, what evidence could be gathered that might disconfirm your belief that the warranty reserve account was fairly stated? e) Consider the factors that would have to be thought about when reaching a final conclusion about the warranty account at Hamilton. Although you do not have access to the actual evidence, what "big picture" issues would ha to be thought about before reaching a final conclusion? Finally, what could possibly go wrong in this situation? f) Consider the importance of documenting the rationale for your final conclusion. Why do you think it is important to document your rationale when finalizing your judgment? In addition, describe what is expected to be