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    • Question

      How should the auditor verify the pricing of items sold

      in cash sales?
      A By checking price lists and other authorised instructions related to pricing Correct Answer Incorrect Answer
      B By comparing prices to competitor's rates Correct Answer Incorrect Answer
      C By reviewing prior year's pricing Correct Answer Incorrect Answer
      D Ry relying on management's representation Correct Answer Incorrect Answer

      Solution

      The correct answer is A

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