Recording a Cash Receipt That Did NOT Occur Violates the Existence

question 25

Multiple Choice

Recording a cash receipt that did NOT occur violates the existence transaction-related audit objective for the sales and collections cycle.Which balance-related audit objective for accounts receivable does it violate?

• A) accuracy
• B) existence
• C) completeness
• D) realisable value

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Definitions:

ROM

Range of Motion; the full movement potential of a joint, usually its range of flexion and extension.

Extremities

The farthest points or parts of the body, especially the hands, feet, fingers, and toes.

Individualized Plan

A customized approach tailored to meet the specific needs and goals of an individual, often used in healthcare, education, or personal development settings.

Care

The provision of what is necessary for the health, welfare, maintenance, and protection of someone or something.