Internal control over the revenue cycle White Floyd,Inc. ,a retail store,is concerned about the lack of control procedures over the recording of sales transactions.The company is concerned that the transactions might not be recorded accurately and valued properly in accordance with GAAP.Recommend control procedures to help ensure that transactions are recorded accurately and valued properly.

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The Answer of Internal control over the revenue cycle White Floyd,Inc. ,a retail store,is concerned about the lack of control procedures over the recording of sales transactions.The company is concerned that the transactions might not be recorded accurately and valued properly in accordance with GAAP.Recommend control procedures to help ensure that transactions are recorded accurately and valued properly.

Internal Control Over the Revenue Cycle White Floyd,Inc