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Describe two other internal controls over sales transactions

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Reference no: EM131560059

1. Assume that CPAs are attesting to comparative financial statements. Can the CPAs express differing opinions on the sets of financial statements of two successive years?

2. Internal control over sales transactions is very important to the effectiveness of an organization.

a. For effective control over credit sales, describe four major functions that should be segregated.

b. In addition to adequate segregation of duties, describe two other internal controls over sales transactions.

Reference no: EM131560059

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