The audit plan for the audit of Keystone Computers & Networks, Inc., appears on pages 235€“242. Review each major section of the audit plan and briefly describe the purpose and content of the section. Organize your solution in the followingmanner:

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Section Objectives of the engagement Purpose Content To describe the services that are to be The objectives are (1) audit of KCN's financial statements for the year ended 12/31/X5, and (2) issuance of a letter on compliance with cov- enants of the clients letter of credit agreement. rendered to the client.