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Author Question: For each of the following potential misstatements, provide one potential audit test that could be ... (Read 79 times)

dekbert

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on: Aug 21, 2022

Question 1

When customers purchase goods by credit card, the issuer of the credit card uses EFT to transfer funds into the company's bank account.
◦ true
◦ false

Question 2

For each of the following potential misstatements, provide one potential audit test that could be used to detect the misstatement.
•sales included in the journals for which there was no shipment
•sale recorded more than once
•shipments made to nonexistent customers and recorded as sales
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by dekbert on Aug 21, 2022

ryanb

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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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dekbert

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

kjohnson

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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