Title: Cutoff misstatements occur when
Post by: akempire on Aug 1, 2022
Cutoff misstatements occur when ▸ | 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 |
▸ | 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 |
Title: Cutoff misstatements occur when
Post by: owenuton on Aug 1, 2022
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