The auditor examined a sample of invoices supporting expenditures charged to repairs expense. No misclassification of any
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The auditor examined a sample of invoices supporting expenditures charged to repairs expense. No misclassification of any expenditure was found. Later, a material amount of expenditures was discovered to be inappropriately charged to repairs expense instead of to property and equipment. Discuss why this misclassi¬ fication may have been overlooked.
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Related Book For
Auditing Integrated Concepts And Procedures
ISBN: 9781260299397
5th Edition
Authors: Donald H. Taylor, G. William Glezen
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