Auditors Will Examine Significant Sales Returns Immediately Subsequent to the Period

Multiple Choice

Auditors will examine significant sales returns immediately subsequent to the period under audit in order to do which of the following?

A) Substantiate cutoff and the occurrence of net sales transactions.
B) Test the sufficiency of cash balances to cover refunds.
C) Monitor customer satisfaction for disclosure.
D) Assess the nature of procedures that will be performed for the next period's audit.