Which of the following control procedures would be most likely to assist in reducing control risk related
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Which of the following control procedures would be most likely to assist in reducing control risk related to the existence or occurrence of manufacturing transactions? A. Perpetual inventory records are independently compared with goods on hand. B. Forms used for direct material requisitions are prenumbered and accounted for. C. Finished goods are stored in locked limited-access warehouses. D. Subsidiary ledgers are periodically reconciled with inventory control accounts.
Related Book For
Auditing and Assurance Services A Systematic Approach
ISBN: 978-1259162343
9th edition
Authors: William Messier, Steven Glover, Douglas Prawitt
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