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    Auditing The Art and Science
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    Exam 12: Audit of the Revenue Cycle
  5. Question
    Most Companies Recognize Sales When
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Most Companies Recognize Sales When

Question 19

Question 19

Multiple Choice

Most companies recognize sales when


A) a customer order is received.
B) the merchandise is shipped.
C) the merchandise is received by the customer.
D) cash is received on account.

Correct Answer:

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