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    Auditing and Assurance Services Study Set 2
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    Exam 23: Audit of Cash and Financial Instruments
  5. Question
    Cutoff Is More Important in Testing Transactions as a Client
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Cutoff Is More Important in Testing Transactions as a Client

Question 66

Question 66

True/False

Cutoff is more important in testing transactions as a client may want to record a gain or a loss on the sale at the end of the year.

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