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  3. Study Set
    Auditing Assurance Services Study Set 1
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    Exam 16: Audit of Transaction Cycles and Financial Statement Balances II
  5. Question
    Improper Payments of Officers' Personal Expenditures Is a Type of Misstatement
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Improper Payments of Officers' Personal Expenditures Is a Type of Misstatement

Question 137

Question 137

True/False

Improper payments of officers' personal expenditures is a type of misstatement in cash that will normally be discovered as part of the audit of the bank reconciliation.

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