What is the reason for ensuring that every copy of a vendor's invoice has a receiving report?

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a. To ascertain that merchandise billed by the vendor was received by the company.

b. To ascertain that merchandise received by the company was billed by the vendor.

c. To ascertain that the invoice was correctly prepared.

d. To ascertain that a check was prepared for every invoice.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 07, 2024 08:01 AM

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What is the reason for ensuring that every copy of a vendor's invoice has a receiving report?

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The reason for ensuring that every copy of a vendors invoice has a receiving report is b To ascertai...View the full answer

Auditing An Assertions Approach

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