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    Auditing Assurance Services Study Set 1
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    Exam 4: Audit Responsibilities and Objectives
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    The Audit Can Be Divided into Transaction Cycles
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The Audit Can Be Divided into Transaction Cycles

Question 44

Question 44

Multiple Choice

The audit can be divided into transaction cycles. Which of the following is NOT one of the transaction cycles?


A) Acquisition and payment cycle
B) Sales and collection cycle
C) Sales and payment cycle
D) Payroll and personnel cycle

Correct Answer:

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