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Which of the following is not an attribute of an external auditor?
Salaries Payable
An account that represents the amounts owed to employees for work performed that has not yet been paid.
Salary Expense
The total amount paid by a business to its employees for the work done over a specific period, often monthly or annually.
Adjusting Entry
A journal entry made at the end of an accounting period to allocate income and expenditures to the period in which they actually occurred.
Current-Year Net Income
Current-Year Net Income is the total profit or earnings of a company for the ongoing fiscal year, after subtracting all expenses, taxes, and costs.
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