{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Case 10-43 Matrices in Word

Case 10-43 Matrices in Word - 10-43 PINNACLE MANUFACTURING...

Info icon This preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
10-43 PINNACLE MANUFACTURING - Part III Control Risk Matrix – Acquisitions Transaction-Related Audit Objective Internal Controls* Recorded acquisitions are for goods and services received (occurrence). Existing acquisition trans- actions are recorded (complete- ness). Recorded acquisition transactions are stated at the correct amounts (accuracy). Recorded acquisition transactions are properly included in the master files, and are properly summarized (posting and summarization). Acquisition transactions are properly classified (classification). Acquisition transactions are recorded on the correct dates (timing). 1. 2. 3. 3. 4. 5. 6. 7. 8. 9. Deficiencies* 1.
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
PINNACLE MANUFACTURING - Part III Control Risk Matrix – Acquisitions 2. 3. Assessed control risk * Note: This is a standard form to be used by students. There aren't necessarily 9 controls and 3 deficiencies in the case.
Image of page 2
10-43 PINNACLE MANUFACTURING - Part III Control Matrix – Cash Disbursements Transaction-Related Audit Objectives Internal Controls* Recorded cash
Image of page 3

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern