Explain various steps involved in the verification of revenue?
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Explain various steps involved in the verification of revenue and describe mainobjectives of verification of … Get the ...
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verification of revenue is extremely important and main objective is to ensure that revenue is coming from leagle sources where applicable taxes are being pain and accounted for .
in the verification process there are two main states, this include testing the revenue account on income state ments and then cheacking of accounts receivable and finally comparing the both records
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