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Commerce · Q253

Auditing

Graduate and Post Graduate · Commerce · question 253

Q253

The auditor should examine subsequent realization of revenue such as dividends, interest, commission, etc. to:

A.
Identify cases of unrecorded revenue
Answer
B.
Ensure proper disclosure in the balance sheet
C.
Recomputed accrued income on the data of balance sheet
D.
Any of these

Answer: Option A

Solution

Answer: Option A
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