Question: Identify specific audit procedures that might have led to the detection of the following accounting irregularities perpetrated by Crazy Eddie personnel: (a) The falsification of

Identify specific audit procedures that might have led to the detection of the following accounting irregularities perpetrated by Crazy Eddie personnel:
(a) The falsification of inventory count sheets,
(b) The bogus debit memos for accounts payable,
(c) The recording of transshipping transactions as retail sales,
(d) The inclusion of consigned merchandise in year-end inventory.

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a Falsification of inventory count sheets 1 Copy all inventory count or compilation sheets following completion of the physical inventory If this proc... View full answer

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