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You are auditing Starship Enterprises, which has a December 31st year-end. On December 24th, the individual responsible for processing receiving reports and recording the receipt

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You are auditing Starship Enterprises, which has a December 31st year-end. On December 24th, the individual responsible for processing receiving reports and recording the receipt of inventory took a vacation was out of the office for a week. Due to the Starship Enterprises' small staff and the holiday season, many receiving reports were not processed timely. As an auditor, which assertion(s) would you place a high importance for this entity and how would you test for it? Short Answer Toolbar navigation BI VSE 11 . A.A. 2

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