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Business, 12.11.2019 21:31 hanz73

To determine whether sales transactions have been recorded in the proper accounting period, the auditor performs cutoff tests. which of the following best describes the overall approach used when performing sales cutoff tests? a) ascertain that management has included in their representation letter a statement that transactions have been accounted for in the proper accounting period. b) examine cash receipts in the subsequent accounting period. c) confirm year-end transactions with regular customers. d) analyze sales transactions occurring within a few days before and after year-end.

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