Suggest appropriate audit procedure for verification of the following assertions/controls inspection, observation, confirmation, recalculation, re-performance, and...
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Suggest appropriate audit procedure for verification of the following assertions/controls inspection, observation, confirmation, recalculation, re-performance, and analytical procedures, A. Fleet of transport vehicles B. Transport charges collected for distance and weight. Uniform charges are levied per kilometre and per ton of goods. C. Liabilities for purchase of transport vehicles using auto finance. D. The entity uses online payments for purchases. These payment are limited to OMR 100 per transaction. E. Repairs and Maintenance Expenses for Transport vehicles Suggest appropriate audit procedure for verification of the following assertions/controls inspection, observation, confirmation, recalculation, re-performance, and analytical procedures, A. Fleet of transport vehicles B. Transport charges collected for distance and weight. Uniform charges are levied per kilometre and per ton of goods. C. Liabilities for purchase of transport vehicles using auto finance. D. The entity uses online payments for purchases. These payment are limited to OMR 100 per transaction. E. Repairs and Maintenance Expenses for Transport vehicles
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a Audit procedures for fleet of transport vehichles Recalculation of depriciation expense Inspect ve... View the full answer
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
Posted Date:
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