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Author Question: For most audits, revenue recognition is considered to be a significant risk. (Read 52 times)

Labomba

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Question 1

Auditors use the results of the substantive tests of transactions of sales and the collection cycle to determine the extent to which inherent risk is satisfied for each accounts receivable balance-related audit objective.
◦ true
◦ false

Question 2

For most audits, revenue recognition is considered to be a significant risk.
◦ true
◦ false


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Marked as best answer by Labomba on Aug 21, 2022

gwisel

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Labomba

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Reply 2 on: Aug 21, 2022
Excellent


chereeb

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

 

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