Audit procedures for duplicate payment of vouchers
What are audit procedures for duplicate payment of vouchers, proper recording of purchases, determining collectibility of accounts receivable, proper recording of liabilities , testing sales for understatements.
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If cost of production is $1/unit, write down the pro t maximization problem for the rm. Suppose by law, the rm must produce at least 1 unit. What is the optimal production of the monopolist?
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