Examlex
The audit work requires the verification of cut -off procedures to ensure that all transactions are recorded in the correct accounting period.
During the yearend inventory count on 31 March 201X the audit team recorded the following transactions.
The last Goods Received Note number was 10672.
Which invoices should be recorded in purchases for the year?
Invoice no | Supplier | Invoice date | GRN number | Amount |
---|---|---|---|---|
95493 | Big Trumpet plc | 28 March | 10674 | £ 3,098.45 |
95494 | Last Post Ltd | 31 March | 10671 | £12,274.20 |
94495 | Bugle Ltd | 29 March | 10673 | £1,567.90 |
94496 | Bangalong Ltd | 30 March | 10672 | £12,786.42 |
94497 | Simbol plc | 1 April | 10670 | £ 456.48 |
94498 | Twangalong Ltd | 31 March | 10675 | £ 998.46 |
Ossified
Becoming rigid or inflexible, often used metaphorically to describe ideas or structures that are no longer open to change.
Sleeper Effects
The detrimental effects of early-life adversity that occur only later in development.
Early-Life Adversity
Profound and pervasive deprivation experienced during infancy, often resulting in severe developmental delays.
Brain Stem
The base of the brain, which controls such elementary reactions as blinking and sucking, as well as such vital functions as breathing and sleeping.
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