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Do you work hard to achieve good grades, but does not get success at that level? Studentwhiz has found out a simple yet interesting way to help its students achieve good grades by learning in a smart way through University of Phoenix ACC 492 - Week 1 - Complete Solutions and ACC 492 - Week 1 - Complete Course. Our main motive is that our students should pass their exams with flying colors. ACC 492 - Week 1 - Complete Study Material and ACC 492 - Week 1 - Complete Guide are also been provided so that students can learn from them. On our learning portal you will get study material which is 100% updated and imparted by our experts.

ACC 492 - Week 1 - Complete

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Course Detail:

DQ1.State two inherent risk factors that might motivate management to deliberately misstate revenues and receivables and two factors that might cause unintentional misstatements. Have you ever had experience with management trying to overstate/understate revenues?


DQ2.Discuss several management controls that may help ensure that all sales transactions are properly recorded. If you have sales where you work, please describe the controls in place to make sure all transactions are recorded.


DQ3.Explain the materiality and inherent risk associated with the personnel services cycle. What is the auditor’s usual audit strategy for this cycle? Why?


Individual Assignment - Assignments From the Text

Resource: Ch. 14 of Modern Auditing

 Dowload the Adobe® Reader® version of Ch. 14 to complete this assignment.

• Click on the link for Ch. 14 of Modern Auditing on the course website.

• Click Download eBook on the left-hand side of the page.

• Download Ch. 14 of Modern Auditing

Prepare written answers for the following assignments:

• Learning Check 14-4

• Comprehensive Question: 14-28 Controls over Cash Receipts Processing at a Church

• Comprehensive Question: 14-30 Substantive Tests of Accounts Receivable


Weekly Summary

Post a short summary of what you have learned this week. 

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