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    Auditing and Assurance Services Study Set 2
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    Exam 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts
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    The Auditor Needs to Be Aware That Most Users of Financial
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The Auditor Needs to Be Aware That Most Users of Financial

Question 55

Question 55

Multiple Choice

The auditor needs to be aware that most users of financial statements rely most heavily on the ________ for making decisions.


A) balance sheet
B) income statement
C) statement of cash flows
D) statement of stockholders' equity

Correct Answer:

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