acc_492_week_4_individual_case_stu..

May 4th, 2015
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acc_492_week_4_individual_case_stu..

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Case 8.1, Laramie Wire ManufacturingThe auditors first duty at the beginning of the auditing process is to learn the way a company functions. During this process the auditor will gain an understanding of the companys set-up, and he or she can compare this to other companies within the same industry. Laramie is in business to process products for the marketplace; therefore, the auditor needs to establish is the process in place is working well. The time the company takes to change machine set-up from special order, industrial and residential products averages around six hours. This i

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