• .Federal and state governments do not specify the exact _____to be maintained, but do specify the amounts to be withheld. records
  • select
  • employees
  • records
  • checks
  • equipment
  • advice
  selectemployeesrecordschecksequipmentadvice
• 2.Income taxes withheld from employees but not yet submitted to the government are considered to be a(n) _______. liability
  • select
  • liability
  • balance
  • confirmation
  • estimate
  • asset
  • check
  selectliabilitybalanceconfirmationestimateassetcheck
• 3.When testing customer deposits, auditors typically review a(n) ______of the individual deposits. select
  • select
  • balance
  • value
  • total
  • estimate
  • list
  • guess
  selectbalancevaluetotalestimatelistguess
• 4.When testing other accrued liabilities, auditors may independently calculate the amount and ______ it to management's estimate. select
  • select
  • subtract
  • increase
  • compare
  • decrease
  • adjust
  • add
  selectsubtractincreasecomparedecreaseadjustadd
• 5.Property tax payments are typically ______in number.