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Author Question: Which of the following statements is correct regarding the audit of inventory cost accounting? (Read 153 times)

blinding37

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on: Aug 21, 2022
Which of the following statements is correct regarding the audit of inventory cost accounting?
◦ Cost accounting systems and controls are the same for all manufacturing companies.
◦ All companies that have work-in-process must use a perpetual inventory system.
◦ Auditors test perpetual inventory master files by examining documentation that supports additions and reductions of inventory amounts in the master files.
◦ Manufacturing companies keep their cost accounting records separate from the production and other accounting records.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by blinding37 on Aug 21, 2022

breounasmoot

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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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blinding37

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

bblaney

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Reply 3 on: Yesterday
Excellent

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