Ending merchandise inventory is included in the calculation of goods available for sale.
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Q33: Under an effective system of internal control,errors
Q44: Management is responsible for establishing a satisfactory
Q45: The separation-of-duties feature of internal control can
Q46: The change in merchandise inventory level from
Q46: One example of a periodic independent verification
Q47: Management's regular assessment of its internal controls
Q48: Proper control procedures do not guarantee the
Q52: All systems of internal control are identical
Q53: An effective system of internal control requires
Q56: An effective system of internal control centralizes
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