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EXAM REVIEW
NCCCO Examination
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Ihuman Case Study
LETRS
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Auditing Practice Questions Test 1 (Chapters 1-4) Test
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Question Number 40
Which of the following procedures would a CPA most likely perform in the planning phase of a financial statement audit?
A) Make inquiries of the client's lawyer concerning pending litigation
B) Perform cutoff tests of cash receipts and disbursements
C) Compare financial information with non financial operating dat
D) Recalculate the prior year's accruals and deferrals
✔ Correct Answer:
C) Compare financial information with non financial operating dat
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