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Home Q & A Board Other Fields Homework Help Business Accounting
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pmiller1129 pmiller1129
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A year ago
For most audits, a proper cash receipts cutoff is less important than the sales cutoff because the improper cutoff of cash

▸ is detected and correct when cash is separately audited.

▸ is unlikely to have a material impact on the balance sheet or the income statement.

▸ affects items on the balance sheet but does not affect net income.

▸ rarely occurs given the control consciousness of most entities.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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eggr0lleggr0ll
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A year ago
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pmiller1129 Author
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A year ago
Brilliant ツ
jmendoza
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Yesterday
Helped a lot
jodie1
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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