A customer mails and records a check to a client for payment of an unpaid account on December 30.The client receives and records the amount on January 2.The records of the two organizations will be different on December 31.This represents:
A) 
B) 
C) 
D) 
Correct Answer:
Verified
Q30: Cutoff misstatements occur
A) either by error or
Q32: Cutoff misstatements occur when: Q33: Because of its central role in auditing Q36: Most tests of accounts receivable are based Q39: Tests of which balance-related audit objective are Q41: One of the shortcomings in evaluating the Q42: If the client's internal control for recording Q42: For which of the following accounts is Q53: Confirmation of accounts receivable selected from the Q58: The most important aspect of evaluating the
A) 
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