Question 8 CHAPTER 4 1 Discuss with management any payroll liabilities that appeared in theprior year's financialstatements that have not been accrued for in the current year. Completeness 2 Discuss with management itsestimate for allowance for doubtful accounts. Accuracy, valuation and allocation 3 Obtain andreview shipping documents for a sample ofsales transactions. occurrence 4 Send letters to company's lawyers toconfirm the number of outstanding legal claims andestimated dollar amounts to resolve each claim. completeness, accuracy, valuation, allocation 5 Reviewtitle documents related to a company's recently purchased parcel of land. Rights and obligation 6 Review andrecalculate the company's amortization schedule.
ACCO360 - JADE accuracy 7Recount a sample of inventory items on the warehouse floor andtrace count results to accounting records. Accuracy valuation allocation 8Recalculate management's provision for damaged inventory. Accuracy, valuation, allocation
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