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Advanced Auditing Sales and collection cycle is one of the most important process because revenue is generated and recorded in accounts. If you are in

Advanced Auditing

Sales and collection cycle is one of the most important process because revenue is generated and recorded in accounts. If you are in charge of an audit of a company, what accounts would you focus in on and how would you know which ones are more important than others ? What are some common controls implemented by management and should be reviewed by auditors ?

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