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    Auditing Study Set 2
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    Exam 6: Gaining an Understanding of 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 24

Question 24

Multiple Choice

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


A) Real
B) Valued
C) Posted
D) Timely

Correct Answer:

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