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Which of the Following Procedures Would Most Likely Be Conducted

Question 37

Multiple Choice

Which of the following procedures would most likely be conducted by an accountant during a compilation engagement?


A) Enquire of management with respect to the purpose of new capital assets.
B) Compare gross profit on a year-by-year basis over the last five years.
C) Circularize negative accounts receivable confirmations.
D) Assemble and recalculate the financial statement allocations.

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