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Which of These Is Not a Source of Potential Misstatement

Question 25

Multiple Choice

Which of these is not a source of potential misstatement for the function of recording a payment?


A) a cheque may be issued for unauthorised purchases
B) a cheque may not be recorded promptly
C) errors may be made in recording cheques
D) All of the above are sources of potential misstatement for the function of recording a payment.

Correct Answer:

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