Alice is @ senior auditor and a CPA for a national CPA firm that provides audting, tax and consulting services, ‘The firm has developed a package called the ACME ACCOUNTING SYSTEM which is sold to the general pubic fs wall as the firm's clients. Alice is the auditor in charge of the field work on the ABC Company, Inc. audit During the course of this audit assignment, Alice is asked to evaluate the quality control of the accounting system which happens to be the ACME package. Alice uncovers several severe control weaknesses in the ACME system. Belore rendering the management leer to ABC management, Alice is told by her boss to modify the negative comments regarding the ACME package. Should Alice amend the management letter? (Check one) Shouamendit __Caritdecide __Should not amendit, Alice wil consider many different factors in arriving at her decision. Many of them are of a practical and a pragmatic nature. Below is a list of some of these items, Please indicate the importance of each of the following Rams to Alica'sresoonse: IMPORTANCE: Geat__[ Much [Some [Ute [No 7, Whether the weaknesses ih the AOME eyatem may be easly remedied by compensating controls 2, Wouldn't a good employee defer to her superiors judgment. ‘Whether Alice's job may be threatened by her refusal to revise the letter. “4, Whether fair daiboration on the alents financial position can predilect professional reputation. What is bast for Aloe’s fr, Whether or not Aloe has a duty fo ensure the management lettar is accurate. 77. What isthe potential value of an independent audit in eu of society's current perspective on an enterprise's net worth. i. How society is best served, ‘2. Whather any clients relly care about internal control issues or ifall they ever really want isa clean auc opinion, 70. Would amending the management leler be consistent wth wat Alice thinks is right 1, What action would Alice's peers in the audit firm expect her to take, 72, What factors are relevant in determining Alice™S professional responsiblity. From the list above, rank the four items of greatest inportance te a practical, realistic response fOve