The internal audit department at Monument Company receives electronic exceptions reports for all sales transactions entered over $10,000 in total.This process is performed for the purpose of

Question

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The purpose of reviewing electronic exceptions reports for sales transactions over $10,000 is to monitor revenue transactions for any potential errors or fraud. This helps the internal audit department ensure the accuracy and reliability of financial information. None of the other options mentioned relate to this specific purpose.

The Internal Audit Department at Monument Company Receives Electronic Exceptions