The audit of Banana Bites found several issues with the business's operations based on procedures performed covering their October 2018 period. The objectives were to determine compliance with the simulation activity mechanics and accuracy of reported sales data. Key procedures included tracing and vouching receipts, confirming an unspecified item, observing product distribution, and a cash count.
The audit of Banana Bites found several issues with the business's operations based on procedures performed covering their October 2018 period. The objectives were to determine compliance with the simulation activity mechanics and accuracy of reported sales data. Key procedures included tracing and vouching receipts, confirming an unspecified item, observing product distribution, and a cash count.
The audit of Banana Bites found several issues with the business's operations based on procedures performed covering their October 2018 period. The objectives were to determine compliance with the simulation activity mechanics and accuracy of reported sales data. Key procedures included tracing and vouching receipts, confirming an unspecified item, observing product distribution, and a cash count.
Del Rosario, Nuga, Torreda & Co. has concluded its audit of the operations of Banana Bites (business entity). Based on the result of the audits, (ilang findings)
Enumerate the findings
AUDIT OBJECTIVE
The objectives of the audit were:
To determine whether the operations of the business entity complied with the mechanics of Entrepreneurial Simulation Activity. To determine whether the data presented (kung may sales ba talaga chuchu mga ganun)
AUDIT SCOPE AND METHODOLOGY
The audit period covered the operations of the Banana Bites during October 22, 2018. To accomplish the audit objectives, we performed the following procedures. Among others: Trace all the purchase and sales receipt Vouch all the purchase receipts and sales receipt Confirm (ano yung kinoconfirm natin?) Observe the distribution of products to the customer Cash Count after all the products have been distributed