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Unformatted text preview: 2. If B/S END and B/S BEG are accurate => NI is correct. 3. Will next year's B/S be correct? 4. Overstatements of Sales will show up in AR. 5. Easier to audit, fewer transactions in ending balance A/R valuation problem, confirmations, proof of cash, interbank transfer, lapping, kiting, revenue cycle system...
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This note was uploaded on 10/05/2011 for the course ACG 5637 taught by Professor Monikacaushoulli during the Fall '08 term at University of Florida.
- Fall '08