Question
Develop an audit program for revenue recognition at Apple Inc. based on the following sales data: Product Units Sold Price per Unit ($) Product A
Develop an audit program for revenue recognition at Apple Inc. based on the following sales data:
Product | Units Sold | Price per Unit ($) |
Product A | 5,000 | $100 |
Product B | 7,000 | $75 |
Product C | 3,000 | $150 |
Include procedures for testing completeness, cutoff, and accuracy of revenue.
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Managerial Accounting for Managers
Authors: Eric Noreen, Peter Brewer, Ray Garrison
4th edition
1259578542, 978-1259578540
