An Auditor Usually Determines Whether Dividend Income from Publicly-Held Investments

question 594

Multiple Choice

An auditor usually determines whether dividend income from publicly-held investments is reasonable by computing the amounts that should have been received by referring to:

• A) Stock ledgers maintained by independent registrars.
• B) Dividend records on file with the SEC.
• C) Records produced by investment services.
• D) Minutes of the investee's board of directors.

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Definitions:

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A period of four decades, often used to denote a significant amount of time in discussions of human life, historical events, or long-term changes.

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Social Criteria

Standards or principles used by a society to judge or evaluate actions, behaviors, or conditions.