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MyEducator Tasks Editing Analysis MyEducator 01:40:35 31 The accountant for a company mistakenly posted an asset amount as an expense in the general ledger.

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MyEducator Tasks Editing Analysis MyEducator 01:40:35 31 The accountant for a company mistakenly posted an asset amount as an expense in the general ledger. What is the financial statement impact of this error? O Assets are too high, and retained earnings are too low. O Assets are too low, and retained earnings are too low. O Assets are too low, and retained earnings are too high. Assets are too high, and retained earnings are too high. 32 Which activity is a detective control? Proper authorizations Independent checks Phucical.control 4 +100% 52F Sunny 5:38 PM 1/27/2022

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