ACC 490 Week 4 Team Assignment Apollo Shoes Case Assignment Part 2in Accounting by nerdythetutor
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Apollo Shoes Case Memo
Date: Mon, 21 JAN 2008 11:04:37 0000
From: "Darlene Wardlaw" [email protected]
Subject: FW: Revenue Cycle Problems
Bradley sent me a copy of his test of controls work that he did on sales transactions. (Please tell him to send his work to you, rather than me.) Based on what Bradley found, there looks to be some serious problems in Sales and A/R. You need to write a memo identifying and explaining the significance of the qualitative features indicated by these deviations. Some things you may want to think about:
If the control performance were uniform for the year, the deviations would be evenly distributed by month.
Apollo Shoes faced financial problems in the fourth quarter of the year.
- Sales transactions with...