Question
Question 43 Klaus is a sole proprietor who makes toys that he sells at local fairs and bazaars. Which would be the best source of
Question 43
Klaus is a sole proprietor who makes toys that he sells at local fairs and bazaars. Which would be the best source of documentation for him to determine his gross income?
A) Copies of canceled checks.
B) Current inventory.
C) Petty cash slips.
D) Receipt books.
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Public Sector Audit
Authors: Carolyn J. Cordery, David C. Hay
1st Edition
0367650622, 9780367650629
