Tom Pryor is conducting an audit of the computerized inventory system used by Zix Corporation. Tom has

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Tom Pryor is conducting an audit of the computerized inventory system used by Zix Corporation. Tom has inserted hypothetical data into the computer program that tracks inventory on a perpetual basis. Below are the hypotheical data inserted by Tom:

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The computer program returned the following ending inventory values:

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Which of the three values appears to be incorrect, and what "error" might be causing this condition?

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Financial Accounting

ISBN: 9781456352974

1st Edition

Authors: Dr. Larry M. Walther

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