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QUESTION 1 You are the auditor of ABC Hotels Limited. The Managing Director has complained to you that the income from room letting has
QUESTION 1 You are the auditor of ABC Hotels Limited. The Managing Director has complained to you that the income from room letting has been on the decrease over the years. (a) Describe the system of internal control you could put over letting of the hotel rooms. (b) Outline audit tests to be performed on the hotel income.
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Intermediate Accounting
Authors: Donald Kieso, Jerry Weygandt, Terry Warfield, Nicola Young,
10th Canadian Edition, Volume 1
978-1118735329, 9781118726327, 1118735323, 1118726324, 978-0176509736
