- This topic has 1 reply, 2 voices, and was last updated 5 years ago by Ken Garrett.
- You must be logged in to reply to this topic.
Instant Poll - Read and post comments:
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
Can you please help me with this:
The question states that the company exports to several countries.
The weakness in this is that due to fluctuations in exchange rates there can be errors in our calculations.
What can we use as the recommendation? And Test of controls?
The easiest control is to have the calculations independently checked by another employee. The test of control would be to see evidence of the independent calculation.