Sales revenue is a significant account for an entity: (a) Because of the high volume of transactions
Question:
Sales revenue is a significant account for an entity:
(a) Because of the high volume of transactions that flow through the account.
(b) Because of the overall inherent risk associated with revenue.
(c) Except for a start-up company.
(d) All of the above.
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Related Book For
Auditing A Practical Approach
ISBN: 978-1118849415
2nd Canadian edition
Authors: Fiona Campbell, Robyn Moroney, Jane Hamilton, Valerie Warren
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