Uncategories For most audits, a proper cash receipts cutoff is less important than the sales cutoff because the improper cutoff of cash:

For most audits, a proper cash receipts cutoff is less important than the sales cutoff because the improper cutoff of cash:

For most audits, a proper cash receipts cutoff is less important than the sales cutoff because the improper cutoff of cash:

a. is detected and correct when cash is separately audited.
b. is unlikely to have a material impact on the balance sheet or the income statement.
c. affects on the cash and accounts receivable balances on the balance sheet and does not affect net income.
d. rarely occurs given the control consciousness of most entities.