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  2. Topic
    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
    Lapping of Accounts Receivable Is the Postponement of Entries for the Collection
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Lapping of Accounts Receivable Is the Postponement of Entries for the Collection

Question 93

Question 93

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Lapping of accounts receivable is the postponement of entries for the collection of receivables.

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