The auditor spends significant time auditing cash discounts and sales returns because these transactions reduce income. the

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The auditor spends significant time auditing cash discounts and sales returns because these transactions reduce income. the materiality is higher the risk of transactions being recorded to conceal stolen cash is higher. management needs to authorize these transactions

Posted Date: May 18, 2024 10:11 PM

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The auditor spends significant time auditing cash discounts and sales returns because these transactions reduce income. the

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