Cut-off procedures can be applied to receiving reports issued before the year end or to liabilities recorded

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Cut-off procedures can be applied to receiving reports issued before the year end or to liabilities recorded after the year end. Consider the separate merits of each approach in assuring the completeness of recorded liabilities.

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Auditing A Practical Approach

ISBN: 978-1119566007

3rd Canadian edition

Authors: Robyn Moroney, Fiona Campbell, Jane Hamilton, Valerie Warren

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Question Posted: Jun 20, 2019 07:21 AM

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Cut-off procedures can be applied to receiving reports issued before the year end or to liabilities recorded

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Cutoff tests are related more to the closing balanc...View the full answer

Auditing A Practical Approach

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