Question: indicate the type of substaintive test for each statment available answers - analytical - test of detail transactions -test of detail balances Question 2: (C1&C2&C3)
Question 2: (C1\&C2\&C3) (12 Marks) Read the following statements carefully: 1. Confirm customers' balances. 2. Compare inventory turnover of the company with industry data. 3. Recalculate the allowance of Accounts receivables. 4. Vouch sales journal entries to sales invoices. 5. Inspect Bank statement in the client's file. 6- Trace sales invoices to account receivable ledger. 7- Ask payroll department to make report about the calculating criteria of the over time. 8- Inspect the disclosure of inventories in the financial statements. 9- Ask management about inventories the client has legal title on it. 10-Observe that Inventory quantities include all products, materials, and supplies on hand
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