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Chapter 16 - Completing the Tests in the Sales and Collection Cycle: - page 1 / 5

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Chapter 16 - Completing the Tests in the Sales and Collection Cycle: Accounts Receivable

Multiple Choice Questions From CPA Examinations

16-20a.(4)b.(4)c.(2)

16-21a.(2)b.(4)c.(2)d.(2)

16-22a.(2)b.(1)

Discussion Questions and Problems

16-231.Detail tie-in

2.Detail tie-in

3.a.Existence

b.Accuracy

c.Realizable value (if cash receipts relate to older accounts)

4.a.Existence

b.Accuracy

5.a.Existence

b.Accuracy

c.Realizable value (if cash receipts relate to older accounts)

6.Cutoff

7.a.Rights

b.Presentation and disclosure

8.Classification

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