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Title: When designing tests of details of balances, an important point to remember is Post by: tweb28 on Aug 1, 2022 When designing tests of details of balances, an important point to remember is
▸ auditors emphasize income statement accounts. ▸ the audit procedures selected depends heavily on whether planned evidence for a given objective is low, medium, or high. ▸ if accounts receivable are overstated, then sales will be understated. ▸ sales cutoff is the most important test of details of accounts receivable. Title: When designing tests of details of balances, an important point to remember is Post by: hfrankos on Aug 1, 2022 Content hidden
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