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Case 1.4 Sunbeam: The Revenue Recognition Principle Q#3. Consult paragraph 2 of PCAOB Auditing Standard No. 5. Do you believe that Sunbeam had establish an

Case 1.4

Sunbeam: The Revenue Recognition Principle

Q#3. Consult paragraph 2 of PCAOB Auditing Standard No. 5. Do you believe that Sunbeam had establish an effective system of internal control over financial reporting related to revenue recorded to revenue recorded in its financial statements? Why or why not?

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