rrumman3566 rrumman3566

27-10-2022
Business

Answered

while performing an audit of the financial statements of a company for the year ended december 31, year 1, the auditor notes that the company's sales increased substantially in december, year 1, with a corresponding decrease in january, year 2. in assessing the risk of fraudulent financial reporting or misappropriation of assets, what should be the auditor's initial indication about the potential for fraud in sales revenue?

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