You have been asked to perform substantive testing of the receivables account for Ocie's Manufacturing. You have
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(a) What is the known error of the portion of the account you sampled?
(b) Is there the possibility for any more misstatements? If so, how much?
(c) What might you discuss with Ocie's management about your findings?
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Related Book For
Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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