Join the files (1-3) to design the test of inventory using the data from the three files.

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Answer 1

Question

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

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Answer 2

Question

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

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Answer 3

Question

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

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Answer 4

Question

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

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Answer 5

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

Answer 6

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

Answer 7

Chapter 12, Problem 27QRA

a.

To determine

Join the files (1-3) to design the test of inventory using the data from the three files.

Answer 8

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

Answer 9

b.

To determine

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

Answer 10

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Answer 11

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Answer 12

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Answer 13

Ch. 12 - Prob. 1RQ Ch. 12 - Explain the significance of the purchase order to...Ch. 12 - What segregation of duties would you recommend to...Ch. 12 - Prob. 4RQ Ch. 12 - Prob. 5RQ Ch. 12 - Prob. 6RQ Ch. 12 - Prob. 7RQ Ch. 12 - Prob. 8RQ Ch. 12 - Prob. 9RQ Ch. 12 - When perpetual inventory records are maintained,...

Join the files (1-3) to design the test of inventory using the data from the three files.

Solution Summary: The author suggests two data analytic tests to identify excess quantities of inventory items and unusual transactions.

Concept explainers

Join the files (1-3) to design the test of inventory using the data from the three files.

Suggest two data analytic tests to identify the (1) Excess quantities of inventory items and (2) Unusual transactions.

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Chapter 12 Solutions