Identify the relevant business cycles that are related

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Reference no: EM133363449

Question: Plan for an audit of the financial statements with a focus on revenue. First, identify the relevant business cycles that are related in accounting. Include a brief description of each business cycle. For the revenue cycle, include following the audit objectives that you feel are the most relevant and that you will use in accordance with management assertions:

Existence
Completeness
Accuracy or valuation
Rights and obligations
Presentation and disclosure

Reference no: EM133363449

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