Once the Auditor Has Determined the Company's Policy for Accruing

question 6

Multiple Choice

Once the auditor has determined the company's policy for accruing wages and knows it is consistent with that of previous years,the appropriate audit procedure to test for cutoff and accuracy is to

• A)recalculate the client's accruals.
• B)compare the ledger balance with the journal and the T4 form.
• C)confirm the amount with employees.
• D)compare the recorded accrued wages with the amount approved in the minutes of the Board.

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Definitions:

Nutrient Cycling

The movement and exchange of organic and inorganic matter back into the production of living matter.

Resource Availability

The level of availability of various resources (natural, economic, human, etc.) that can be accessed or utilized by organisms, individuals, or societies.

Keystone Species

A species whose presence and role within an ecosystem have a disproportionate effect on the environment relative to its abundance.

Specie Richness

A measure of the number of different species present in an ecological community, indicating its biodiversity.