Internal controls over sales returns are similar to those for the revenue process where it is important to match receiving reports for returns with the related credit memos to ensure that the company issues credit for all returns for the correct amounts.

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Internal controls for sales returns are indeed similar to those for the revenue process. It is important to match receiving reports for returns with related credit memos to ensure accuracy and completeness of credits issued for returns.

Internal Controls Over Sales Returns Are Similar to Those for the Revenue