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Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
Edition 9ISBN: 978-0130459206 Exercise 7
If the number of days' sales in accounts receivable (365 days/receivables turnover) decreases significantly, which of the following assertions for accounts receivable most likely is violated?
A) Existence or occurrence.
B) Completeness.
C) Rights and obligations.
D) Classification.
A) Existence or occurrence.
B) Completeness.
C) Rights and obligations.
D) Classification.
Explanation
Verified
Verified
Justification:
Days' sales in accounts ...
Auditing and Assurance Services 9th Edition by Alvin Arens,Mark Beasley,Randy Elder
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