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Which of the following represents an exception when performing a search for unrecorded liabilities for the period ended December 31, 2021? 1. Transactions that occurred

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Which of the following represents an exception when performing a search for unrecorded liabilities for the period ended December 31, 2021? 1. Transactions that occurred during the period ending December 31, 2021 are recorded in the financial year ending December 31, 2021. II. Transactions that occurred during the period ending December 31, 2021 are recorded in the financial year ending December 31, 2022. III. Transactions that occurred after December 31, 2021 are recognized in the accounting records for the period ended December 31, 2021. IV. Transactions that occurred after December 31, 2021 are recognized in the accounting records for the period ended December 31, 2022. O I and II I and IV II and III III and IV

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