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Answered 3 days After Jan 26, 2023

Solution

Prince answered on Jan 30 2023
49 Votes
Part 2: Solution:
a. Net Value of Amount Field: 6,405,008.77
. No. of Records contained in the table: 896 records.
Part 3:
In order to obtain the client’s sales data file for audit testing, the following procedures should be performed before using the file:
1. Verifying the source of the file: The source of the file should be verified to make sure it is an accurate representation of the client’s sales data. This can be done by determining who provided the file and confirming the authenticity of the data.
2. Analyzing the data: The data should be analyzed to ensure it is complete, accurate, and valid. This can be done by examining the accuracy of the data, the completeness of the records, and the integrity of...
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