AUD Transaction Cycles

  • Creator
    Topic
  • #183626
    Boate
    Participant

    For some reason I cannot grasp the Transaction Cycles. I know the order and who approves what in each the Revenue and Expensing Cycles but when it comes to the questions I just cannot determine which is the best answer choice. Other than doing the hundreds of questions on the Becker Software and WTB, is there a book I could go rent or something that may put this information is a different wording that I can grasp?? My exam is a week from tomorrow so I still have time but I’m starting to worry due to the amount of questions on this section that appear in my audit software and WTB quizzes. Any suggestions?

    Here we go Again

    AUD: (65)(66) 77
    REG: (66) (48) destroyed me mentally.....
    FAR: (68) (66)(69)(71)
    BEC: (63) 75

    "Greatness is not some precious thing, it is no more unique to us than breathing. We are ALL capable of it."

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    Replies
  • #511424
    jackaroe
    Participant

    Looking at the flow charts has helped me a lot. The problem for me has been different study entities using different names for the classification of positions. Good luck.

    #511467
    jackaroe
    Participant

    Looking at the flow charts has helped me a lot. The problem for me has been different study entities using different names for the classification of positions. Good luck.

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