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Topic: |
Business
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Number of pages / Number of words: |
4 / 1034 |
Essay's paper body
The retail consumer electronic industry was undergoing rapid and dramatic changes during the 1980s as was the case with Crazy Eddie. Crazy Eddie's inventory was being over valued because the value of electronics changes swiftly. Technology is rapidly changing and improving. They become easier and easier to produce as time goes on...
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Technology is rapidly changing and improving. They become easier and easier to produce as time goes on. Electronics are out dated very quickly therefore electronic stores need to have a high inventory turnover. If the inventory is not sold fast enough then it can become overvalued and the auditor would have to pick up on that...
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General points of the essay
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Auditing Kingcos
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