{"id":69587,"date":"2022-06-07T21:59:48","date_gmt":"2022-06-07T21:59:48","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/in-ms-word-p-7-41\/"},"modified":"2022-06-07T21:59:48","modified_gmt":"2022-06-07T21:59:48","slug":"in-ms-word-p-7-41","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/in-ms-word-p-7-41\/","title":{"rendered":"In ms word. p 7-41"},"content":{"rendered":"<div>\n<p><span>Grande Stores is a large discount catalog department store chain. The company has recently expanded from 6 to 43 stores by borrowing from several large <a rel=\"nofollow noopener\" target=\"_blank\" id=\"KonaLink0\" class=\"kLink\" style=\"position: static;\" href=\"http:\/\/www.justanswer.com\/homework\/5tz6f-neo-ms-word-7-41-grande-stores-large-discount.html#\"><span>financial<\/span><\/a> institutions and from a public offering of common stock. A recent investigation has disclosed that Grande materially overstated net <a rel=\"nofollow noopener\" target=\"_blank\" id=\"KonaLink1\" class=\"kLink\" style=\"position: static;\" href=\"http:\/\/www.justanswer.com\/homework\/5tz6f-neo-ms-word-7-41-grande-stores-large-discount.html#\"><span>income<\/span><\/a>. Theis was accomplished by understating accounts payable and recording fictitious supplier <a rel=\"nofollow noopener\" target=\"_blank\" id=\"KonaLink2\" class=\"kLink\" style=\"position: static;\" href=\"http:\/\/www.justanswer.com\/homework\/5tz6f-neo-ms-word-7-41-grande-stores-large-discount.html#\"><span>credits<\/span><\/a> that further reduced accounts payable. An SEC investigation was critical of the evidence gathered by Grande&#8217;s audit firm, Montgomery &amp; Ross, in testing accounts payable and the supplier credits.<br \/>The following is a description of some of the fictitious supplier credits and unrecorded amounts in accounts payable, as well as the audit procedures.<br \/>1. Neo: too much<br \/>2. typing. I&#8217;m sure<br \/>3. you have a copy<br \/>4. of 1 thru 4.<br \/>Required:<br \/>Identify deficiencies in the sufficiency and appropriateness of the evidence gathered in the audit of accounts payable of Grande Stores.<\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Grande Stores is a large discount catalog department store chain. The company has recently expanded from 6 to 43 stores by borrowing from several large financial institutions and from a public offering of common stock. A recent investigation has disclosed that Grande materially overstated net income. Theis was accomplished by understating accounts payable and recording [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-69587","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/69587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=69587"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/69587\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=69587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=69587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=69587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}