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    Auditing The Art and Science
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    Exam 4: Audit Responsibilities and Objectives
  5. Question
    If the Purchase of a Long-Term Note Receivable Is Included
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If the Purchase of a Long-Term Note Receivable Is Included

Question 65

Question 65

Multiple Choice

If the purchase of a long-term note receivable is included as cost of goods sold,there is a violation of the


A) existence objective.
B) completeness objective.
C) classification objective.
D) timing objective.

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