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When Preparing and Organizing Audit Files

Question 97

Multiple Choice

When preparing and organizing audit files:


A) The rules established by the SEC and PCAOB must be followed.
B) A lead schedule contains the detailed accounts from the general ledger making up the line item on the trial balance.
C) A working trial balance is considered part of the permanent file.
D) The audit program is not part of the audit files.

Correct Answer:

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