Pinnacle Manufacturing Inc. Case Part 3

Pinnacle Manufacturing Inc. Case Part 3

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|PINNACLE MANUFACTURING - Part III |

|Control Risk Matrix – Acquisitions |

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|Transaction-Related |Recorded acquisitions |Existing acquisition|Recorded acquisition |Recorded acquisition |Acquisition transactions |Acquisition |

|Audit Objective |are for goods and |trans- |transactions are |transactions are properly |are properly classified |transactions are |

| |services received |actions are recorded|stated at the correct|included in the master |(classification). |recorded on the |

| |(occurrence). |(complete-ness). |amounts (accuracy). |files, and are properly | |correct dates |

| | | | |summarized (posting and | |(timing). |

| | | | |summarization)....