Question: Please fill out the box containing the action required and the reasoning for it. ampletion Status: 1 2 3 4 5 6 7 8 9

Please fill out the box containing the action required and the reasoning for it.

ampletion Status: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 > Moving to another question will save this response. Question 5 The following timeline applies to your audit client Crunchy Nuts Pty Ltd. (CN), which manufactures and exports breakfast cereals to overseas markets. . A balance date of 30 June 2022: . Directors declaration and audit report to be signed on 28th July 2022 . Financial and audit reports to be mailed to shareholders on 4th August 2022. Required: For the following independent and material situation, select the appropriate action from the list below, and justify your responses: A. Adjust the 30th June 2022 financial report B. Disclose the information in a note on the 30th June 2022 financial report C. Request that the client recall the 30th June 2022 financial report for revision D. No action is required. On 10th August 2022, Crunchy Nut Pty Ltd's board plans to open a branch in South East Asia. Action ( 1 mark) Reason (1 mark) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). X B I U S Paragraph Open Sans, S... V 10pt E v EV A Z I XO GQ 60 3373 v V RBC V VKQu Question 4 2 p The following timeline applies to your audit client Crunchy Nuts Pty Ltd. (CN), which manufactures and exports breakfast cereals to overseas markets. . A balance date of 30 June 2022: . Directors declaration and audit report to be signed on 28th July 2022 . Financial and audit reports to be mailed to shareholders on 4th August 2022. Required: For the following independent and material situation, select the appropriate action from the list below, and justify your responses: A. Adjust the 30th June 2022 financial report B. Disclose the information in a note on the 30th June 2022 financial report C. Request that the client recall the 30th June 2022 financial report for revision D. No action is required. On 16th July 2022, one of Crunchy Nuts' major debtors, Kellog's Ltd, declared bankrupt and had a material balance on 30th June 2022. Action ( 1 mark) Reason (1 mark)

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