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 |
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