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  2. Topic
    Business
  3. Study Set
    Auditing A Business Risk Approach
  4. Exam
    Exam 14: Audit of Longer-Term Liabilities, equity, acquisitions, and Related-Entity Transactions, long-Term Liabilities, and Equity
  5. Question
    Auditors Will Obtain Evidence Regarding Board of Director Approval of Which
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Auditors Will Obtain Evidence Regarding Board of Director Approval of Which

Question 19

Question 19

Multiple Choice

Auditors will obtain evidence regarding board of director approval of which of the following transactions?


A) The creation of and dealings with special purpose entities.
B) Customer purchases over $5,000.
C) The purchase of a two month certificate of deposit.
D) Payment of employee salaries.

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