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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 1
  4. Exam
    Exam 14: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Sales and Collection Cycle Applies to Businesses That Transfer
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The Sales and Collection Cycle Applies to Businesses That Transfer

Question 32

Question 32

True/False

The sales and collection cycle applies to businesses that transfer goods to customers or provides services to businesses.

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