Title: Which of the following statements is correct regarding the audit of inventory cost accounting? Post by: ang359 on Aug 1, 2022 Which of the following statements is correct regarding the audit of inventory cost accounting?
▸ Cost accounting systems and controls are the same for all manufacturing companies. ▸ All companies that have work-in-process must use a perpetual inventory system. ▸ Auditors test perpetual inventory master files by examining documentation that supports additions and reductions of inventory amounts in the master files. ▸ Manufacturing companies keep their cost accounting records separate from the production and other accounting records. Title: Which of the following statements is correct regarding the audit of inventory cost accounting? Post by: angfucious on Aug 1, 2022 Content hidden
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