Loose-leaf For Auditing & Assurance Services: A Systematic Approach
Loose-leaf For Auditing & Assurance Services: A Systematic Approach
11th Edition
ISBN: 9781260687637
Author: William F Messier Jr, Steven M Glover Associate Professor, Douglas F Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 10, Problem 10.15MCQ
To determine

Concept Introduction:

Credit limits are allowed by the company to its customers. The auditor needs to consider this area while auditing the accounts receivables. The auditor should check the proper authorization of credit limit allowed to the customers.

To choose: the procedure to be followed by the auditor to audit the credit limits.

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