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The Audit of Owners' Equity of Public and Private Companies

Question 22

Multiple Choice

The audit of owners' equity of public and private companies is very different.Which of the following is not one of these differences?


A) The number of transactions (private companies have fewer transactions)
B) Payment of dividends (public companies rarely pay dividends)
C) Complexity of transactions (public companies generally have more complex transactions)
D) Type of noncurrent debt (public companies issue more bonds)

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