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The Sole Shareholder of Jade Company Had a Contractor Pave

Question 53

Multiple Choice

The sole shareholder of Jade Company had a contractor pave the parking lot at the company building as well as the driveway of his home.Both paving jobs were billed to the company on a single invoice.The general balance-related audit objective affected by this activity is


A) existence.
B) allocation.
C) completeness.
D) rights and obligations.

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