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ASSUME THAT YOUR AUDIT CLIENT IS A MANUFACTURER OF COSMETICS, AND IT MAKES 9 0 % OF ITS SALES THROUGHAN EVALUATED RECEIPTS SETTLEMENT SYSTEM. EXPLAIN

ASSUME THAT YOUR AUDIT CLIENT IS A MANUFACTURER OF COSMETICS, AND IT MAKES

90 %

OF ITS SALES THROUGHAN EVALUATED RECEIPTS SETTLEMENT SYSTEM. EXPLAIN THE FLOW OF A SALES TRANSACTION FROM INITATING THE SALE THEOUGH SHIPMEMT, RECORDING THE SALE AND RECEIVABLE, AND RECEIVING CASH FROM THE CUSTOMER.

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