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If Auditors Believe There Is a Risk That Expenses Incurred

Question 48

Multiple Choice

If auditors believe there is a risk that expenses incurred before year-end will be excluded from the current year's expenses,they will:


A) Perform analytical review analysis on the client's statement of financial position.
B) Send out confirmation requests to a sample of the client's debtors.
C) Trace transactions recorded close to year-end to source documentation.
D) None of the above.

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