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When Auditing Accrued Property Taxes

Question 93

Multiple Choice

When auditing accrued property taxes,


A) the auditors will generally only verify the larger payments since there are usually many property tax payments.
B) property taxes should only be charged to one expense account.
C) the auditor begins by obtaining a schedule of property tax payments from the client.
D) the auditor must generally spend a considerable amount of time in this area.

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