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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 13: Completing tests in the sales and collection cycle: Accounts receivable
  5. Question
    In Confirming Accounts Receivable Balances, the Auditor Finds Overstatements Caused
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In Confirming Accounts Receivable Balances, the Auditor Finds Overstatements Caused

Question 83

Question 83

True/False

In confirming accounts receivable balances, the auditor finds overstatements caused by mistakes in billing customers which will then overstate both accounts receivable and sales.

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