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Which of the following factors could contribute to misstatements in the revenue cycle? (Select all...

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Accounting

Which of the following factors could contribute to misstatements in the revenue cycle? (Select all that apply)

a. difficulties in estimating the likelihood of collection within the next year

b. strict definition of the timing and amount of revenue to be recognized

c. low volume of sales, cash receipts, and sales adjustment transactions

d. misappropriation of liquid assets generated through cash receipt transactions.

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