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Author Question: The most important aspect of evaluating the client's method of obtaining a reliable cutoff is to (Read 47 times)

amymoore

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Question 1

Tests of which balance-related audit objective are normally performed first in an audit of the sales and collection?
◦ accuracy
◦ completeness
◦ rights
◦ detail tie-in

Question 2

The most important aspect of evaluating the client's method of obtaining a reliable cutoff is to
◦ perform extensive detailed testing of cutoff.
◦ evaluate the client's control procedures around cutoff.
◦ confirm a sample of transactions near period end with customers.
◦ confirm transaction with customers.


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Marked as best answer by amymoore on Aug 21, 2022

lola.jashay

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amymoore

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review


meow1234

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Reply 3 on: Yesterday
:D TYSM

 

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