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ACC 492 Week 5 Individual Assignment Issuing Audit Reports Simulation - New Resources: Issuing Audit Reports simulation located on the Week Five Materials page Complete the simulation. Prepare a 500-word response to the following questions: What are the different types of audit reports and when should each be used? In what types of situations would an auditor be allowed to issue an unqualified audit report? To what extent is the auditor liable for misstatements in the financial statements of the audited company?