Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

OpCo RCM > Work in Progress (WIP) - Key Controls > Flashcards

Work in Progress (WIP) - Key Controls Flashcards

1
Q

WIP01.1

A

Review the WIP aging and assess recoverability of balances

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

WIP03.1

A

Ensure WIP transactions are recorded to the correct job and are in line with clients’ contracts

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

WIP04.1

A

Review reconciliation of the WIP subledger to the trial balance and review and investigate differences.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

WIP04.2

A

Review the recognition of WIP over 180 day management charge

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

OpCo RCM (27 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2025 Bold Learning Solutions. Terms and Conditions