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    Auditing and Assurance Services Study Set 2
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    Exam 7: Revenue and Collection Cycle 279
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    Custody of Inventory Is Transferred to the Shipping Area Upon
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Custody of Inventory Is Transferred to the Shipping Area Upon

Question 80

Question 80

Multiple Choice

Custody of inventory is transferred to the shipping area upon authorization of:


A) the customer order.
B) the shipping order.
C) the invoice.
D) the purchase order.

Correct Answer:

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