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In Assessing the Risk of Material Misstatement the Vendor Who

Question 56

Multiple Choice

In assessing the risk of material misstatement the vendor who often offers price concessions or terms such that goods do not have to be paid for until the manufactured product is resold is the:


A) manufacturing of construction machinery and equipment.
B) computer manufacturing.
C) retail grocer.
D) hotel.
E) local school district.

Correct Answer:

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