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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
    A Credit Note Is a Document Used Internally Indicating Authority
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A Credit Note Is a Document Used Internally Indicating Authority

Question 74

Question 74

True/False

A credit note is a document used internally indicating authority to write off an account receivable as uncollectible.

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