Adjusting Entries and the Audit Consider the auditors review of a companys adjusting entries. For which one

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Adjusting Entries and the Audit Consider the auditor’s review of a company’s adjusting entries. For which one of the following would a concerned auditor be required to make a search of items not included in the accounting records?

a. Overstated assets

b. Overstated liabilities

c. Understated assets

d. Understated liabilities

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Accounting Concepts And Applications

ISBN: 9780324376159

10th Edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain

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