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Flying Ltd has the following fields in its accounting system. a)Using the files listed above, give one example of an exception report that audit software
Flying Ltd has the following fields in its accounting system.
a)Using the files listed above, give one example of an exception report that audit software could generate, to help you test accuracy, valuation and allocation of inventory.
b)Using the files listed above, give one example of a non-exception report that audit software could generate, to help you test existence of inventory
Suppliers' Table | Inventory Table | |||
Field | Description | Field | Description | |
10 | Supplier No | 20 | Item No | |
11 | Name | 21 | Supplier No | |
12 | Address | 22 | Description | |
13 | Contact Person | 23 | Location | |
14 | Account Balance | 24 | Quantity on Hand |
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