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The Risks That May Affect the Revenue and Cash Collection

Question 76

Multiple Choice

The risks that may affect the revenue and cash collection processes include all of the following, except:


A) Transactions may have been recorded in the wrong customer account.
B) Transactions may be recorded in the wrong amount.
C) Invalid transactions may have been omitted from the records.
D) Transactions may not have been accumulated or transferred to the accounting records correctly.

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