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b. Assume the organization established an information system to your specifications described in part (a). Write an audit program to audit the accuracy of the
b. Assume the organization established an information system to your specifications described in part (a). Write an audit program to audit the accuracy of the process that would pro- vide audit evidence on the reasonableness of the warranty expense and warranty liability account. Assume that last year. 60% of the trucks sold to the army 16-43 10.3 You have been assigned to the audit of Oshkosh Truck Corporation. The organization is the leading manufacturer of fire trucks and heavy-duty army trucks. All of the basic components are warrantied for 100,000 miles or four years, whatever comes first. There is a different warranty if the trucks are used in desert lands, and that warranty is for 40,000 miles or 18 months, what- ever comes first. a. Identify the components of an information system that Osh- kosh Truck should establish to develop an estimate of the warranty liability and warranty expense. 1. Assume the organization established an information system to your specifications described in part (a). Write an audit program to audit the accuracy of the process that would pro- vide andit evidence on the reasonableness of the warranty expense and warranty liability account
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