Why are auditors usually less concerned about the client's cash receipts cutoff than the cutoff for sales?

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Why are auditors usually less concerned about the client's cash receipts cutoff than the cutoff for sales? Explain the procedure involved in testing for the cutoff for cash receipts.

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Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Question Posted: Oct 10, 2012 08:03 AM

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Why are auditors usually less concerned about the client's cash receipts cutoff than the cutoff for sales?

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Auditing and Assurance services an integrated approach

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