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Author Question: Which of the following is a correct statement regarding the misappropriation of receipts involving revenue? (Read 41 times)

Gabby

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on: Aug 21, 2022
Which of the following is a correct statement regarding the misappropriation of receipts involving revenue?
◦ One of the easiest frauds to detect is when a sale is not recorded and the cash from the sale is stolen.
◦ If a customer's payment is stolen, regular billing of unpaid accounts can uncover the fraud unless the fraud perpetrator does something to hide the theft.
◦ Misappropriation of cash receipts is generally as material as fraudulent reporting of revenues.
◦ Analytical procedures can detect relatively small thefts of sales and related cash receipts.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Gabby on Aug 21, 2022

ad2018

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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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Gabby

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

fatboyy09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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