Question: What is a reasonableness test
What is a reasonableness test?
Answer to relevant QuestionsDistinguish between a packing slip, a shipping notice, and a bill of lading.At which points in the revenue cycle are independent verification controls necessary?Why s EDI devised?What task can the AR department engage in to verify that al customers’ checks have been appropriately deposited and recorded?Is a POS system that uses bar coding and a laser light scanner foolproof against inaccurate updates? Discuss.
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