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In Most Credit Sales Audits, the Auditor's Concern Over Sales

Question 1

Multiple Choice

In most credit sales audits, the auditor's concern over sales adjustment transactions is based upon the:


A) sheer number and value of these transactions.
B) lack of proper authorisation for these transactions.
C) potential use of these transactions to conceal a theft of cash.
D) poor controls normally found over these transactions and the inherent lack of documentation.

Correct Answer:

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