Your client is a manufacturer of womens clothing. The company manufacturers everything from shorts and t-shirts to
Question:
Your client is a manufacturer of women’s clothing. The company manufacturers everything from shorts and t-shirts to professional and formal attire for women. The visualization titled “Number of Units Sold v. Inventory Total Dollar Value January 2017” presents the client’s invoice data for January 2017. The client sells to a variety of customers including department stores, online retailers, and smaller boutiques. These data are part of your preliminary analytical procedures.
Question:
What does it mean for the dots that are not close to the other dots?
A. It doesn’t mean anything. Different customers have different prices.
B. The auditor may want to investigate those items.
C. Those customers paid more.
D. Those customers got a special deal.
Ethics in Accounting A Decision Making Approach
ISBN: 978-1118928332
1st edition
Authors: Gordon Klein