A Transaction Trail Includes the Documents and Records That Allow

question 31

True/False

A transaction trail includes the documents and records that allow an auditor to trace a transaction from its origination through to its final disposition, or vice versA.

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Definitions:

Filed

The act of officially submitting a document to a court or government agency as part of a legal or administrative process.

Cited

Referenced or mentioned, often in the context of providing evidence or legal support in written documents.

9th Cir. 1980

A reference to a specific set of legal decisions or precedent established by the Ninth Circuit Court of Appeals in the year 1980.

Circuit

In a legal context, a geographical area of jurisdiction of federal courts, or in electrical engineering, a closed path through which an electric current flows or may flow.