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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 12: Audit of the sales and collection cycle: Tests of controls and substantive tests of transactions
  5. Question
    Including Cash Sales, Every Transaction and Amount Is Ultimately Included
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Including Cash Sales, Every Transaction and Amount Is Ultimately Included

Question 30

Question 30

True/False

Including cash sales, every transaction and amount is ultimately included in one of two balance sheet accounts.

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