The Auditor Has Reconciled the Dividend Payment Amounts Disbursed According

question 33

Multiple Choice

The auditor has reconciled the dividend payment amounts disbursed according to the cash disbursements journal to the dividend declared.Which audit assertions is this test associated with?

• A)valuation and existence
• B)accuracy and valuation
• C)accuracy and completeness
• D)valuation and understandability

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Definitions:

AC Electrolytic Type Capacitor

A type of capacitor specifically designed for alternating current (AC) applications, known for its high capacitance per volume.

Capacitor-start

A method used in single-phase motors where a capacitor is used to create a phase difference in the starting winding, providing high starting torque.

Capacitor-run Motors

Motors that use a capacitor in the run circuit to improve efficiency and torque.

Three-phase Motor

An electric motor powered by three alternating currents, offering a smoother and more efficient operation for industrial machinery.