Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Jimmyhighroller Jimmyhighroller
wrote...
Posts: 117
Rep: 0 0
A year ago
Cash receipts from sales on account have been misappropriated. Which of the following acts would conceal this fraud and be least likely to be detected by an auditor?

▸ understating the sales journal by not recording cash sales

▸ overstating the accounts receivable control account by intentionally misstating prices charged for goods sold

▸ overstating the accounts receivable subsidiary ledger by not recording payments made by customers

▸ understating the cash receipts journal by purposely recording incorrect amounts
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
Authors:
Read 27 times
1 Reply
Replies
Answer verified by a subject expert
darlenadarlena
wrote...
Posts: 125
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...

A year ago
Thank you, thank you, thank you!
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

2 hours ago
This site is awesome
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1302 People Browsing
Related Images
  
 4430
  
 169
  
 1402
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292