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You are the auditor of Revolution Pty Ltd (Revolution) and have made the following notes on Revolution's cash receipts procedures: 1. At the end of
You are the auditor of Revolution Pty Ltd (Revolution) and have made the following notes on Revolution's cash receipts procedures:
1. At the end of the day, the accounts receivable master file is updated with cash receipts data
From the above information, identify the key control and which assertion is at risk and determine an appropriate test of control you would employ for that control.
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