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The Journal Entry Testing Prescribed by SAS No

Question 49

Multiple Choice

The journal entry testing prescribed by SAS No.99 identifies several common characteristics of fraudulent entries.Which of the following is one such characteristic?


A) an entry for credit sales to a buyer who does not pay his dues on time
B) an entry for repairs and maintenance of plant made every period
C) an entry for creating provisions for bad debts
D) an entry for asset made by the managing director of the company

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