White Oak introduced additional items for sale in the prior year. White Oak uses a moderate strategy for allowing patrons to return items. White Oak permits retail purchasers to return items within ninety days from the date of sale. Answer the following questions: 1)Detail any issues concerning the audit with this fact pattern. 2)Detail audit steps that can be used to audit the allowance for sales returns

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White Oak introduced additional items for sale in the prior year. White Oak uses a moderate strategy for allowing patrons to return items. White Oak permits retail purchasers to return items within ninety days from the date of sale. Answer the following questions:

1)Detail any issues concerning the audit with this fact pattern.

2)Detail audit steps that can be used to audit the allowance for sales returns

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