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Unformatted text preview: a. The auditor uses a sophisticated regression analysis package to determine whether the decrease in accounts payable is out of line with the activity in the cash and inventory account in order to know where to look for potential misstatements. ARP/analysis/completeness of A/P and/or valuation of cash and inventory b. The auditor sends a questionnaire on the order entry process via email to all the members of the sales business process. UIC/Inquiry/all assertions for Sales and A/R...
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- Fall '08
- Financial audit, invoice, sophisticated regression analysis