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frustelle frustelle
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2 years ago
Cutoff procedures for inventory purchased should be designed by companies to assure that

▸ inventory owned by the company has been received.

▸ inventory included in the year-end inventory count has been paid.

▸ inventory received before year-end was recorded before year-end.

▸ inventory was correctly valued at year-end.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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KFordKFord
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2 years ago
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