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    Business
  3. Study Set
    Auditing and Assurance Services Study Set 2
  4. Exam
    Exam 14: Audit of the Sales and Collection Cycle: Tests of Controls
  5. Question
    The Sales and Collection Cycle Applies to Businesses That Sell
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The Sales and Collection Cycle Applies to Businesses That Sell

Question 8

Question 8

True/False

The sales and collection cycle applies to businesses that sell goods to customers or provide services to customers.

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