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Which of the following best describes the auditors' responsibility with respect to management's estimates?
LEO
Low Earth Orbit, an orbit around Earth with an altitude between 160 kilometers and 2,000 kilometers, used for communication satellites.
MEO
Medium Earth Orbit, a type of orbit around Earth typically used for satellites that provides broader coverage than low Earth orbit.
GPS System
A global navigation satellite system that provides geolocation and time information to a GPS receiver anywhere on or near the Earth.
Australia
A country in the Southern Hemisphere, comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands, known for its unique biodiversity and vibrant culture.
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