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    Exam 7: Understanding and Testing the Clients System of Internal Controls
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    If Controls Are in Place to Ensure That Transactions Are
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If Controls Are in Place to Ensure That Transactions Are

Question 77

Question 77

Multiple Choice

If controls are in place to ensure that transactions are recorded in the correct accounting period, this satisfies which internal control objective?


A) timely
B) real
C) valued
D) posted

Correct Answer:

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