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the external auditors and tax auditors today would ask for the cost accounting records when conducting...

the external auditors and tax auditors today would ask for the cost accounting records when conducting their audit.

a. why is it necessary for the external auditors to study the cost accounting records when certifying the reporting of inventory?

b. why do tax auditors take an interest in perusing cost accounting records that deal with the costing certain products?

c. how does the perusal of cost accounting records help justify the accuracy of the reporting of revenue in the net income statement?

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jeff jeffy answered 2 years ago
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