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Theresa Bamboukian Started Her Sales Process Audit and Was Accounting

Question 27

Multiple Choice

Theresa Bamboukian started her sales process audit and was accounting for the numerical sequence of sales invoices, sales orders and shipping documents. In addition she performed a
Reconciliation of billings with shipping documents. Which assertions was she fulfilling?


A) existence, accuracy
B) completeness, cutoff
C) existence, valuation and allocation
D) none of the above

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