Assume that customers are allowed to return merchandise that is defective or that they simply did not

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Assume that customers are allowed to return merchandise that is defective or that they simply did not like. What is the proper accounting for the returns? What control procedures should be implemented to ensure that all returned items are properly recorded?

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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