One valid approach to testing controls over credit review and approval for customers that are granted credit
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One valid approach to testing controls over credit review and approval for customers that are granted credit involves taking a sample of customer orders and tracing them through the system to determine whether: (a) there was proper review of credit and (b) there was proper credit authorization or denial.
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Related Book For
Auditing A Risk Based Approach
ISBN: 9780357721872
12th Edition
Authors: Karla M Johnstone-Zehms, Audrey A. Gramling, Larry E. Rittenberg
Question Posted:
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