Which of These Would Not Normally Be Included in the Permanent

question 1

Multiple Choice

Which of these would not normally be included in the permanent file portion of the working papers?

• A) extracts or copies of the company replaceable rules.
• B) a copy of prior years' working trial balances.
• C) analysis of accounts that are important to the audit each year.
• D) analytical review schedules from previous years.

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Definitions:

Public Education

An education system funded and administered by the government, ensuring free access to education for all children.

Defense

Activities related to protecting a country from external threats and ensuring national security.

Automobile Industry

A sector of the economy focused on the manufacturing, design, and sale of motor vehicles, significantly impacting global economics, culture, and environmental policy.

Auto Mania

A term that can refer to the intense enthusiasm and boom in automobile ownership and production, especially evident in the early to mid-20th century.