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  3. Study Set
    Auditing and Assurance Services Study Set 1
  4. Exam
    Exam 14: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions
  5. Question
    The Most Important Audit Concern in the Processing and Recording
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The Most Important Audit Concern in the Processing and Recording

Question 22

Question 22

True/False

The most important audit concern in the processing and recording cash receipts function is not tracing the cash receipts from customers to their subsidiary ledger accounts.

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