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A Form 1099 with No Withholdings Where Withholdings Should Exist

Question 34

Multiple Choice

A form 1099 with no withholdings where withholdings should exist may be a fraud symptom for which liability account?


A) Accounts Payable
B) Unearned Revenues
C) Contingent Liabilities
D) Accrued Liabilities

Correct Answer:

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