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Tests that ensure that sales are recorded in the proper period, and that the...

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Accounting

Tests that ensure that sales are recorded in the proper period, and that the cost of sales is recorded and removed from inventory.
A letter sent to a customer by auditors requesting that the customer respond whether the balance shown on it is correct or not.
A document included with a shipment that shows the description and quantity of the goods being shipped.
A form sent to a customer by auditors requesting that the customer respond only if the balance shown is incorrect.
The action to sell accounts receivable to another party at a discount from face value.
A contract between a shipper and the common carrier to verify shipment of goods.
The use of fraudulent means to take money or other property from an employer.
The theft of a payment and application of subsequent payments to cover the theft.
The misrepresentations of facts that the individual knows to be false with the intention to deceive.
Unintentional misstatements or omissions of amounts or disclosures in financial statements.
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