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    Business
  3. Study Set
    Auditing Assurance Services
  4. Exam
    Exam 16: Audit of transaction cycles and financial statement balances II
  5. Question
    Improper Payments of Officers' Personal Expenditures Are a Type of Misstatement
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Improper Payments of Officers' Personal Expenditures Are a Type of Misstatement

Question 71

Question 71

True/False

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

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