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Author Question: Cutoff misstatements occur when (Read 66 times)

connormoss

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  • Posts: 130
on: Aug 21, 2022

Question 1

Cutoff misstatements can occur for
◦
SalesSales returns and allowances
YesYes

◦
SalesSales returns and allowances
NoNo

◦
SalesSales returns and allowances
YesNo

◦
SalesSales returns and allowances
NoYes


Question 2

Cutoff misstatements occur when
◦
The auditor fails to obtain the end-of-year bank statement directly from the bank, obtaining instead the statement which includes the two succeeding weeks Subsequent period 
transactions are 
recorded in the 
current period 		Current period 
transactions are 
recorded in the 
subsequent period
YesYesNo

◦
The auditor fails to obtain the end-of-year bank statement directly from the bank, obtaining instead the statement which includes the two succeeding weeks Subsequent period 
transactions are 
recorded in the 
current period 		Current period 
transactions are 
recorded in the 
subsequent period
YesNoYes

◦
The auditor fails to obtain the end-of-year bank statement directly from the bank, obtaining instead the statement which includes the two succeeding weeks Subsequent period 
transactions are 
recorded in the 
current period 		Current period 
transactions are 
recorded in the 
subsequent period
NoYesYes

◦
The auditor fails to obtain the end-of-year bank statement directly from the bank, obtaining instead the statement which includes the two succeeding weeks Subsequent period 
transactions are 
recorded in the 
current period 		Current period 
transactions are 
recorded in the 
subsequent period
NoYesNo
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by connormoss on Aug 21, 2022

fdsajkl

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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connormoss

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  • Posts: 130
Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

Dominic

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  • Posts: 328
Reply 3 on: Yesterday
Wow, this really help

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