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Aloe Products is an online retailer of lotions and other beauty supplies. The company records revenues at the time that the customer orders are placed
Aloe Products is an online retailer of lotions and other beauty supplies. The company records revenues at the time that the customer orders are placed on the website, rather than when goods are shipped. Goods are typically shipped two days after the order is placed. The auditor determines that the amount of orders placed, but not shipped, as of the balance sheet date is not material. Which type of audit report would you suggest be issued and why?
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