EP AUDITING+ASSURANCE...-MYACCT.LAB
EP AUDITING+ASSURANCE...-MYACCT.LAB
16th Edition
ISBN: 9780134148656
Author: ARENS
Publisher: PEARSON CO
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Chapter 9, Problem 23RQ
To determine

Explain the circumstance in which auditor should revise the components of audit risk.

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For the year,your company's sales are $305,000, the gross profit is $250,000, and the ending inventory is $75,000. If net purchases are $100,000, the beginning inventorymust have been_____.?
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Subject: financial accounting
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