QUESTIONS1.What are the key procedures you would perform regarding clientacceptance? Where would you get...QUESTIONS1.What...

60.1K

Verified Solution

Question

Accounting

QUESTIONS

1.What are the key procedures you would perform regarding clientacceptance? Where would you get the data? Use the format by listingunder each:

PROCEDURE                                                      DATA

Answer & Explanation Solved by verified expert
4.4 Ratings (1000 Votes)
What is the Acceptance Report and what is its purpose Acceptance is a legal act made by the customer client who confirms that work or a part of the work has been completed or some other performance has been completed and it is correct and in good quality any possible reservations are stated in the report The Acceptance report is used as proof that an acceptance procedure has been made The acceptance procedure enables the verification of the quality of the delivered performance and to state reservations directly during the acceptance of the work or its part Otherwise a subsequent complaint procedure is initiated The acceptance procedure can also involve carrying out tests that have been stipulated In some cases it is advisable to separate the act of actual handover see the Handover report and the act of acceptance that follows a thorough inspection of outputs When    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

In: AccountingQUESTIONS1.What are the key procedures you would perform regarding clientacceptance? Where would you get...QUESTIONS1.What are the key procedures you would perform regarding clientacceptance? Where would you get the data? Use the format by listingunder each:PROCEDURE                                                      DATA

Other questions asked by students