(a) What are the principal audit objectives and assertions for MaxSecurity’s cost of sales? Explain.(b) Identify the relevant substantive tests of details that would be appropriate to gather evidence about the assertions in (a) above.(a) Costs of sales are properly supported

| February 14, 2018

(a) What are the principal audit objectives and assertions for MaxSecurity’s cost of sales? Explain.(b) Identify the relevant substantive tests of details that would be appropriate to gather evidence about the assertions in (a) above.(a) Costs of sales are properly supported as charges against the entity in the period. Costs applicable to future periods are carried forward as inventories (occurrence). All cost of sales relating to the current period’s revenue are included in the …

Order your essay today and save 30% with the discount code: ESSAYHELP
Order your essay today and save 30% with the discount code: ESSAYHELPOrder Now