Question: What are the major lessons learned in the analysis of the audits of Lincoln Savings & Loan? Where would the auditor obtain information regarding the

What are the major lessons learned in the analysis of the audits of Lincoln Savings & Loan? Where would the auditor obtain information regarding the real estate market in the Phoenix area or in the southwestern United States? Why is it important that the auditor have such information during an audit of a savings and loan organization?

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