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ACC311 Fundamentals of Auditing FAQs

ACC311 faqs vu, ACC311 question answers

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Why is there a need for an audit?
Who can be an auditor?
What stands for auditor’s opinion?
What is the distinction between auditing and accounting?
What is Receipt of Goods/Services?
What is reasonable assurance?
What is reasonable assurance?
What is Purchase Requisition?
What is Purchase Order?
What is Code of Ethics?

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