Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: eFishie on Jul 19, 2017



Title: The overall objective in the audit of the inventory and distribution cycle is to determine that
Post by: eFishie on Jul 19, 2017
The overall objective in the audit of the inventory and distribution cycle is to determine that
A) costs of goods sold and gross profit are correctly stated on the income statement.
B) inventory items on the balance sheet are neither fraudulent nor materially in error.
C) gross profit and inventory are fairly presented on the financial statements.
D) inventory and cost of goods sold are fairly stated on the financial statements.


Title: Re: The overall objective in the audit of the inventory and distribution cycle is to determine ...
Post by: inthe80s on Jul 19, 2017
Content hidden


Title: Re: The overall objective in the audit of the inventory and distribution cycle is to determine that
Post by: eFishie on Nov 1, 2017
Appreciate your help