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    Auditing and Assurance
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    Exam 15: Assets, Liabilities and Equity Related to the Financing Cycle
  5. Question
    Tests of Controls Over Investing Activity Include
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Tests of Controls Over Investing Activity Include

Question 21

Question 21

Multiple Choice

Tests of controls over investing activity include:


A) tracing securities from the investment ledger to the supporting documents.
B) reviewing the bank statement for deposits in transit.
C) recalculating interest expense at the balance sheet date.
D) All of the above.

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