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Author Question: To test for proper sales cutoff, an auditor would obtain the number of the last bill of lading ... (Read 19 times)

sc1250

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on: Aug 21, 2022

Question 1

The adequacy of internal controls over the physical count of inventory is one of the key determinants of the amount of time needed to test inventory.
◦ true
◦ false

Question 2

To test for proper sales cutoff, an auditor would obtain the number of the last bill of lading issued during the period under audit and verify that the item shipped had been excluded from the inventory listing.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by sc1250 on Aug 21, 2022

MajorWaffle

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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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sc1250

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

Liddy

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

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