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Author Question: Which one of the following best describes the auditor's responsibilities regarding appropriate ... (Read 63 times)

emoedee

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on: Aug 21, 2022

Question 1

Which of the following would least concern an auditor regarding the lack of a specific authorization to conduct the sales transaction?
◦ granting of credit
◦ shipment of goods
◦ determination of discounts
◦ selling of goods for cash

Question 2

Which one of the following best describes the auditor's responsibilities regarding appropriate authorizations in the sales/collections cycle?
◦ Credit must be authorized before the sale.
◦ Goods must be shipped after the authorization.
◦ Prices must be authorized.
◦ All of these should be of concern to the auditor.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by emoedee on Aug 21, 2022

KeriJennin

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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emoedee

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

amandalm

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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