Ch16 - Ch16 16-20 a-c: 4. 4. 2 16-21 a-d: 2.4.2.2 16-22...

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Ch16 16-20 a-c: 4. 4. 2 16-21 a-d: 2.4.2.2 16-22 a.b: 2. 1 16-26 A. 1. Test of details 2. Test of details 3. S T of T 4 test of details 5. ST of T 6.ST of T 7.Test of details 8.Test of control 9. Test of control 10.S T of T 11.Test of details 12. ST of T B. 1. Existence and accuracy 2. Cutoff. 3. Cutoff 4 accuracy and existence 5. Classification 6 rights 7. Completeness 8. Existence 9. Accuracy 10 completeness 11 detail tie in 12. Detail tie in 13. Classification 16-27 A. A shipment should be recorded as a sale on the date of shipment or the passing of title, whichever occurs first. Ordinarily, a shipment is considered a sale when it is shipped, picked up, or delivered by a common carrier. B. No.2169/2168 overstatement and 2163/2167 understatement C. Current year sales should be overstatment. The way used to find the misstatement is that to hand on the balance sheet date and record in the audit working papers. And h the auditors examine shipping documents before and after the balance sheet date to determine if they were correctly
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This note was uploaded on 08/12/2011 for the course ACCT 620 taught by Professor Smith during the Spring '11 term at Alabama A&M University.

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Ch16 - Ch16 16-20 a-c: 4. 4. 2 16-21 a-d: 2.4.2.2 16-22...

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