Business
Business, 23.03.2021 01:00, callie2411

A firm' s sales procedure involves preparing sales invoices based on shipping documents; posting the sales amounts to accounts receivable records; and posting quantities billed to the inventory records. Due to control weaknesses in the procedure, certain goods that are shipped may not be reflected in the sales invoices. The exposure from this risk can result in:

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A firm' s sales procedure involves preparing sales invoices based on shipping documents; posting the...

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