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You are auditing SBT, which has a December 31ˢᵗ year-end. On December 24ᵗʰ, the person responsible for processing receiving reports and recording the receipt of inventory became very ill and was out of the office for a week. Due to the company's small staff and the holiday season, a number of the receiving reports were not processed on a timely basis. As an auditor, on which assertion would you place a high importance for this entity and how would you test for it?
Society
A structured community of people bound together by similar traditions, institutions, or nationality.
Mourn
To feel or express sorrow or grief, often as a reaction to the death of someone.
Mispell
To write a word with incorrect letters or incorrect arrangement of letters.
Conceive
To conceive means to form or develop an idea, plan, or understanding in the mind.
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