Examlex
Which of the following is least likely to be included in an auditor's inquiry of management while obtaining information to identify the risks of material misstatement due to fraud?
Production Budget
A financial plan that estimates the number of units to be produced in a future period, based on sales forecasts and inventory levels.
Sales Budget
A financial plan that estimates the expected revenues from sales over a specific period.
Budgeted Accounts Receivable
The forecasted amount of money owed to a business by its customers for goods or services provided on credit.
Credit Sales
Sales for which payment is not received at the time of sale but is expected to be paid at a later date.
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