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Jack is an audit intern assigned to the attestation engagement of Margo LLC, a medium-size firm and distributor of pearl necklaces and other fine jewelry.
Jack is an audit intern assigned to the attestation engagement of Margo LLC, a medium-size firm and distributor of pearl necklaces and other fine jewelry. Jack has been tasked with testing controls over the sales and receivables cycles, and has decided to examine a sample of the client's invoices. Which of the following represent controls Jack might decide to test? O Controls that ensure that invoices are matched with outgoing inventory shipments and the creation of a receivable. O Controls to ensure that each invoice can be matched to a sales receipt and associated accounts payable entry. O Controls to ensure that invoices are numerically accurate, and match the details contained in the customer and cash master lists. O Controls to ensure that sales invoices are recorded in the correct time period, and that interest accruals for related notes payable are accurate
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