Explain audit points of sales contract?

Question

Accepted Answer

Audit points of sales contract refer to the areas that are reviewed during an audit of a sales contract.

Audit points include verifying the accuracy of the sales price, ensuring all parties have signed the contract, and confirming the terms and conditions are clearly stated.
Other audit points may include checking for any contingencies or conditions that must be met before the sale can be completed, and ensuring all necessary disclosures have been made.
Auditors may also review any amendments or addendums to the contract to ensure they have been properly executed and documented.
Overall, the goal of auditing sales contracts is to ensure that all parties have fulfilled their obligations and that the contract is legally binding.

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