When testing cutoff for sales and receivables at December 31, 2022, an aditor is confronted with the following scenarios. Under which scenario vill the auditor likely propose an adjusting entry at the balance sheet date? Terms of trade are FOB shipping point. Goods were shipped on January 2, 2023, and the sale was recorded on January 4, 2023. No adjusting entry would be proposed for the December 31, 2022 year-end audit. Terms of trade are FOB shipping point. Goods were shipped on December 31,2022, and the sale was recorded on December 31 . 2022. Terms of trade are FOB destination. Goods were shipped on December 31,2022, and the sale was recorded on January 8,2023 . Auditors are required by PCAOB Auditing Standards and Generally Accepted Government Auditing Standards (GAGAS) to audit the effectiveness of internal control over financial reporting and issue an opinion on it. True False