AUDITING RMU
AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 10, Problem 10.4RQ
To determine

Concept Introduction:Revenue process is a part of the accounting process known as the revenue cycle that keeps records of all business activities includes sales to the payment receipt. The revenue process starts with serving the products and services to the customer and ends when payment is done.

To discuss: The potential effect on the inherent risk assessment for the revenue process.

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