Page 66 - eBook Audit Of Financial Statement Components
P. 66

21.   C    Timing


                                       22.   C    Realizable value

                                       23.   A    An  overstatement  or  understatement  of  allowance  for

                                             uncollectable accounts and bad debt expenses.

                                       24.   D    Accounts receivable

                                       25.   D    All of the above

                                       26.   B    Invoice

                                       27.    B    Accounts receivable is made up of a large number of small
                                              accounts

                                       28.   C    Negative

                                       29.   A    Investigate the difference

                                       30.   C    Auditors

                                       31.   True


                                       32.   False


                                       33.   False
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