Question 3c
Marking Guide
1 mark per well explained procedure, maximum of 2 marks for each of (i) and (ii) | ||
| (i) | third party locations | |
| letter requesting direct confirmation | ||
| review other auditor reports and documentation | 2 | |
| (ii) | standard costing | |
| discuss with management basis of standard costs | ||
| review variances | ||
| breakdown of standard costs and agree to actual costs | 2 | |
| max marks | 4 | |