The Emphasis for the Audit of Sales Return and Allowances

question 128

Multiple Choice

The emphasis for the audit of sales return and allowances is often placed on testing the existence of recorded transactions.However,the most important objective to consider is

• A)cutoff.
• B)valuation.
• C)accuracy.
• D)completeness.

---

Definitions:

Internalize

The process of adopting the beliefs, attitudes, or values of others as one's own, often unconsciously.

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems.

Bad

Having detrimental qualities or causing harm, discomfort, or dislike; morally objectionable.

Consensual Sex

Sexual activity that involves the full and voluntary agreement of all parties involved.