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Author Question: Which of the following audit procedures would normally be included in the audit plan when auditing ... (Read 60 times)

Aimless0988

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Question 1

When do most companies record sales returns and allowances?
◦ during the month in which the sale occurs
◦ during the accounting period in which the return occurs
◦ whenever the customer contacts the company regarding the credit
◦ during the month after the sale occurs

Question 2

Which of the following audit procedures would normally be included in the audit plan when auditing the allowance for doubtful accounts?
◦ Send positive confirmations.
◦ Inquire of the client's credit manager.
◦ Send negative confirmations.
◦ Examine sales invoices.


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Marked as best answer by Aimless0988 on Aug 21, 2022

jbsuccess1

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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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Aimless0988

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


softEldritch

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Reply 3 on: Yesterday
Gracias!

 

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