Define compilation tests. A. Compilation tests are tests of the client's unit prices to determine...
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Accounting
Define compilation tests. A. Compilation tests are tests of the client's unit prices to determine whether they are correct. B. Compilation tests are the tests of the summarization of physical counts, the extension of price times quantity, footing the inventory summary, and tracing the totals to the general ledger. C. Compilation tests are controls over physical inventory and the related costs from the point at which raw materials are requisitioned to the point at which the manufactured product is comple
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