An indication of potential inventory fraud is that inventory levels are growing faster than sales.
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Q12: The auditor's primary concern with accounts payable
Q13: A new vendor should be added to
Q14: Supply chain management has helped many companies
Q15: A networked software system linking a company's
Q16: The major accounts in the acquisition and
Q18: Understatement of either purchases or ending inventory
Q19: Cycle counts involve periodic testing of the
Q20: The acquisition and payment cycle includes processes
Q21: It is likely in the acquisition and
Q22: The auditor may test a manufacturing client's
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