Page 235 - Manual Of SOP

Manual of OP for Trade Remedy Investigations

(g) Factory shipping logs;
(h) Inventory records;
(i) Base-lined internal sales reports and worksheets;

(j) Sales ledgers;
(k) Accounts receivable records;
(l) Records of payment, such as canceled checks, letters of credit, debit/
credit memos, promissory notes, bank deposit slips and/or bank
statements;
(m) Credit insurance;
(n) Debit/credit memos for the post-sale price and/or quantity increases
or decreases; and
(o) Wherever appropriate, invoices, expense ledgers, journal entry slips
and records of payment for actual charges and adjustments.

Allocations of Expenses

(lvi) The respondent should describe the calculation and supporting documents it
has prepared in accordance with the instructions in the verification agenda.
The team must first verify the data as presented in the response. Afterward,
they should pursue any concerns they may have with the methodology or
the calculation.

(a) Whenever verifying an allocation methodology, the team should be
sure that they are verifying the source documents and the financial
accounting system rather than simply a worksheet. Worksheets are
useful, but they are not, in themselves, source documents.

(b) Team members should look into the reasonability of allocation basis
adopted by the company and if possible, also compare with the
comparable basis adopted by the other units, if available.
(c) Attention must be paid to the basis of allocation of expenses to
NPUC especially to ensure that expenses have been allocated to all
the products/activities carried out by the company.
(d) The team should also see the quantitative average consumption of
raw materials per unit to ensure that there is not much variation
from year to year. All major variations need explanation.

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