What are the key objectives of this process what are the, Accounting Basics

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What are the key objectives of this process what are the

Problem

Think about the sales and cash receipts process of a men's or women's clothing store where you shop.

What are the key objectives of this process?

What are the key risks that threaten the achievement of those objectives?

Identify and map the major activities of the process in the order in which they occur.

Based on your review of the major activities, which of the risks identified in b. above likely have the greatest inherent significance?

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