Describe how the functions of (a) Authorization of production transactions, (b) Recording of these transactions, and (c)

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Describe how the functions of
(a) Authorization of production transactions,
(b) Recording of these transactions, and
(c) Physical custody of inventories can be separated among the production, inventory, and cost accounting departments.

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Auditing and Assurance Services

ISBN: 978-0077862343

6th edition

Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws

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Question Posted: Oct 27, 2014 05:44 AM

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Describe how the functions of (a) Authorization of production transactions, (b) Recording of these transactions, and (c)

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Auditors are looking for the separation of duties in authorization of transactions c...View the full answer

Auditing and Assurance Services

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