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Author Question: The most important aspect of evaluating the client's method of obtaining a reliable cutoff is to (Read 61 times)

amymoore

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on: Aug 21, 2022

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.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by amymoore on Aug 21, 2022

lola.jashay

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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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amymoore

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

juliaf

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

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