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Sampling- Internal control example Assume the internal control is inventory manager approving all purchases of...

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Sampling- Internal control example Assume the internal control is inventory manager approving all purchases of inventory in advance and evidences this control with an initial or stamp If the control is not evidenced then it is not useful for the auditor since there will be no proof the control was performed This is a typical control in the purchases, payments cycle Why is this approval a good control for the company? How might it be relevant to the auditor

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