Problem

(Objective 18-6) Distinguish between FOB destination and FOB origin. What procedures shoul...

(Objective 18-6) Distinguish between FOB destination and FOB origin. What procedures should the auditor follow concerning acquisitions of inventory on an FOB origin basis near year-end?

Objective 18-6

Design and perform tests of details of balances for accounts payable, including out-of-period liability tests.

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