Tests Designed to Detect Credit Sales Made After the End

question 72

Multiple Choice

Tests designed to detect credit sales made after the end of the year that have been recorded in the current year provide assurance about management's assertion of:

• A)classification.
• B)cutoff.
• C)occurrence.
• D)authorization and accuracy.

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Definitions:

Stereosiomer

Molecules with the same molecular formula and sequence of bonded atoms, but they differ in the 3D orientation of their atoms in space.

Carboxylic Acid

Organic compounds that contain a carboxyl group (-COOH), which consists of a carbon atom double-bonded to an oxygen atom and single-bonded to a hydroxyl group.

Oligopeptide

An oligopeptide is a short chain of amino acids, typically having fewer than 20 residues, connected by peptide bonds.

Polypeptide

A linear organic polymer consisting of a large number of amino-acid residues bonded together in a chain, forming part of (or the whole of) a protein molecule.