1)How should the auditor respond in terms of potential audit tests? ? AP11.2 (LO...
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Accounting
1)How should the auditor respond in terms of potential audit tests?
? AP11.2 (LO 2) and accounting records for Casuccio Manufacturing, Inc. Analytical procedures The following data was taken from the production Unaudited Audited Audited 2022 2021 2023 Operating Data 450,000 450,000 Capacity in units 450,000 Production in units 400,000 300,000 450,000 32,000 28,000 21,000 Inventory in units Financial Data ($000) $35,200 $27,500 $21,200 Total revenues $23,000 $19,500 $15,700 Total assets $4,300 $5,900 $3,900 Accounts receivable, net $175 $135 $105 Bad debt expense $165 $125 $100 Accounts receivable written off
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