Solution-Inventory material acceptance

Inventory material acceptance

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Reference no: EM13343456

For the BakFirn Corporation, an accounting audit of accounts payable, vendor invoices, and inventory material acceptance is in progress. You notice that the three-way-match of pricing, amount, and units is not matching. You go to your next-level supervisor-the supervisor of the audit firm YOUCPA-and the supervisor informs you that you do not need to worry so much because they are not within the materiality amounts. He requests that you complete the outside audit as quickly as possible; the firm is under a tight budget with this client.

What do you believe your response should be in this situation?
Explain your reasoning.

Reference no: EM13343456

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Inventory material acceptance

Reference no: EM13343456

Reference no: EM13343456

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