Distinguish between FOB destination and FOB origin. What procedures should the auditor follow concerning acquisitions of inventory

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Distinguish between FOB destination and FOB origin. What procedures should the auditor follow concerning acquisitions of inventory on an FOB origin basis near year-end?

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Question Posted: Oct 10, 2012 07:53 AM

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Distinguish between FOB destination and FOB origin. What procedures should the auditor follow concerning acquisitions of inventory

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FOB destination means that the title to the goods passes when t...View the full answer

Auditing and Assurance services an integrated approach

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