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An auditor selected a sample of 50 transactions that were recorded in the Purchases Journal and compared the information with that on the corresponding Receiving
An auditor selected a sample of 50 transactions that were recorded in the Purchases Journal and compared the information with that on the corresponding Receiving Notes to test the occurrence assertion. (b) For the substantive test stated above, answer the following questions. (i) What is the starting point? (ii) What is the direction of testing? (iii) What is the procedure? (iv) What information is used to verify
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