Essay
A)Describe each of the six key control activities for sales.B)When assessing planned control risk for sales,the auditor is concerned about proper authorization at three key points.Discuss each of these three points.C)When testing the existence objective for sales,the auditor is concerned with the possibility of three types of misstatements.One type is sales being included in the journal for which no shipment was made.Discuss the other two types of misstatements.
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