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Verification of the Legitimacy of Year-End Unpaid Bonuses to Officers

Question 54

Multiple Choice

Verification of the legitimacy of year-end unpaid bonuses to officers and employees can be accomplished by comparing the recorded accrual to the amount


A) in the expense account.
B) used in the prior period.
C) authorized and recorded in the minutes of the board of directors.
D) paid in the subsequent period.

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