Audit procedures designed to uncover credit sales made after the client's fiscal year end that relate to the current year being audited provide evidence for which of the following audit objective?
A) realizable value
B) accuracy
C) cutoff
D) existence

Question

Quizplus · Accepted Answer

Audit procedures designed to uncover credit sales made after the client's fiscal year end that relate to the current year being audited provide evidence for the cutoff objective, which pertains to ensuring transactions are recorded in the appropriate accounting period.

Audit Procedures Designed to Uncover Credit Sales Made After the Client's