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    Auditing and Assurance Services Study Set 2
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    Exam 16: Completing the Tests in the Sales and Collection Cycle: Accounts Receivable
  5. Question
    It Is Acceptable Under Generally Accepted Accounting Principles for the Client
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It Is Acceptable Under Generally Accepted Accounting Principles for the Client

Question 62

Question 62

True/False

It is acceptable under generally accepted accounting principles for the client to include material related party receivables together with trade receivables on the balance sheet.

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