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During the annual audit of ABC company your assistant reposts to you that although a number of entries were made during the year in the
During the annual audit of ABC company your assistant reposts to you that although a number of entries were made during the year in the general ledger account Notes Payable to Officers, they decided that it was not necessary to audit the account because it had a zero balance at year-end. Do you agree with your assistants decision? Why or why not?
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