Discuss the cut-off implications of the inventory count being before or after the year end and closing

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Discuss the cut-off implications of the inventory count being before or after the year end and closing inventory being determined by adjusting the count by reference to purchases and sales records in the intervening period.

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Auditing A Practical Approach

ISBN: 978-1119566007

3rd Canadian edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Jun 20, 2019 07:31 AM

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Discuss the cut-off implications of the inventory count being before or after the year end and closing

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The cutoff of inventory at balance date needs to be carefully record...View the full answer

Auditing A Practical Approach

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