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ryanolson41 ryanolson41
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A year ago
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.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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cglotfeltycglotfelty
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A year ago
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ryanolson41 Author
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A year ago
Correct Slight Smile TY
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
Smart ... Thanks!
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