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Other Fields Homework Help Accounting Topic started by: ryanolson41 on Aug 1, 2022



Title: With respect to a small company's system of purchasing supplies, an auditor's primary concern ...
Post by: ryanolson41 on Aug 1, 2022
With respect to a small company's system of purchasing supplies, an auditor's primary concern should be to obtain satisfaction that supplies ordered and paid for have been

▸ requested by and approved by the same individual.

▸ used in the course of business and solely for business purposes during the year under audit.

▸ received, counted, and checked to quantities and amounts on purchase orders and invoices.

▸ properly recorded as assets and systematically amortized over the estimated useful life of the supplies.


Title: With respect to a small company's system of purchasing supplies, an auditor's primary concern ...
Post by: cglotfelty on Aug 1, 2022
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