Laramie Wire Manufacturing
Essay specific features
Written by:
Louisa K
Date added:
January 23, 2016
Level:
University
Grade:
A
No of pages / words:
1 / 261
Was viewed:
3771 times
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Essay content:
First of all, for existence or occurrence, all items in the inventory account must physically exist and be available for sale. Thus, the auditors should physically count finished goods, copper rod, and plastic inventories, and determine actual increase of inventories at year end. Also, they should select items from the inventory ledger and locate them and reconcile the quantity...
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Also, they should select items from the inventory ledger and locate them and reconcile the quantity. Second, for completeness, the auditors should make sure that all existing inventories have been recorded completely, go around the warehouse and ensure all the inventories are recorded in the inventory ledger...
displayed 300 characters
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