If Erin and Lee in our simple case had said that motor expenses amounted to 4000, suggest:
Question:
If Erin and Lee in our simple case had said that motor expenses amounted to £4000, suggest:
(a) What kinds of expenditure would probably be included in the heading ‘motor expenses’?
(b) How you would satisfy yourself that the amount of each expenditure heading was reasonably accurate?
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a Motor expenses typically encompass various costs associated with the operation and maintenance of vehicles used for business purposes Some common types of expenditure that might be included under th...View the full answer
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Related Book For 
The Audit Process Principles Practice And Cases
ISBN: 9781473760189
7th Edition
Authors: Iain Gray, Louise Crawford, Stuart Manson
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