Management Notes

Reference Notes for Management

In case of vouching the auditor is least likely to examine authorization by appropriate authority in case of –

In case of vouching the auditor is least likely to examine authorization by appropriate authority in case of –

In case of vouching the auditor is least likely to examine authorization by appropriate authority in case of –

 Options:

a) bad bads written off
b) sales return
c) purchase return
d) discount allowed to customers as per organizational policy

The Correct Answer Is:

d) discount allowed to customers as per organizational policy

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