Question 1d i
Marking Guide
up to 1 mark per substantive procedure | |
| – cost to purchase invoice | |
| – nrv to sales invoice | |
| – manufactured items to invoices/time sheets/production overheads | |
| – review aged inventory reports | |
| – compare aged items to 1% prov | |
| – total level of adjustment over year | |
| – follow up items noted at inventory count | |
| – inventory days | |
| – gross margin | |
| maximum marks | 3 |