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If Auditors Believe There Is a Risk That Expenses Incurred

Question 38

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) send out confirmation requests to a sample of the client's debtors.
B) trace transactions recorded close to year-end to source documentation.
C) perform analytical review analysis on the client's statement of financial position.
D) none of the above

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