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Develop an audit program for auditing revenue recognition at Netflix Inc. based on the following sales data: Product Units Sold Price per Unit ($) Product
Develop an audit program for auditing revenue recognition at Netflix Inc. based on the following sales data:
Product | Units Sold | Price per Unit ($) |
Product X | 10,000 | $50 |
Product Y | 8,000 | $80 |
Product Z | 5,000 | $120 |
Include procedures for testing completeness, cutoff, and accuracy of revenue recognition.
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