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sam3359 sam3359
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A year ago
Which of the following is an accurate statement regarding perpetual inventory master files?

▸ When perpetual inventory master files are accurate, auditors can test the physical inventory after the balance sheet date.

▸ It is a difficult procedure for the auditor to test the accuracy of the perpetual inventory master files.

▸ Auditors test the perpetual records for reductions in finished goods for sale as part of the sales and collection cycle.

▸ All of these are accurate statements.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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mhmoud123mhmoud123
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A year ago
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sam3359 Author
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A year ago
Good timing, thanks!
DragonHeart
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Yesterday
Thanks
ouasfoudgewu
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2 hours ago
this is exactly what I needed
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