Question: In your reading this week, you are learning about the auditing procedures associated with revenue, cash, and inventories. In your initial posting this week, address
In your reading this week, you are learning about the auditing procedures associated with revenue, cash, and inventories. In your initial posting this week, address the following:
- Based on your favorite merchandising or manufacturing company (it could be your employer or a company that interests you), explain specific audit procedures that you would use to gain comfort over the company's reported balances for cash and inventories.
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