Author Question: Cutoff misstatements occur when (Read 65 times)

connormoss · **on:** Aug 21, 2022

Question 1

Cutoff misstatements can occur for
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Sales	Sales returns and allowances
Yes	Yes

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Sales	Sales returns and allowances
No	No

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Sales	Sales returns and allowances
Yes	No

◦

Sales	Sales returns and allowances
No	Yes

Question 2

Cutoff misstatements occur when
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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
Yes	Yes	No

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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
Yes	No	Yes

◦

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
No	Yes	Yes

◦

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
No	Yes	No

fdsajkl · **Reply #1 on:** Aug 21, 2022

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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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