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Auditors can compare the ________________________________ file to the _________________________________ to determine whether the company has material unrecorded liabilities on the financial statement date.
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Automobile Producer
A company involved in the design, manufacturing, and sale of cars, trucks, and other vehicles.
Federal Deposit Insurance Corporation (FDIC)
A U.S. government agency that insures deposits in banks and thrift institutions for up to $250,000 per depositor, per insured bank, for each account ownership category.
Securities Exchange Commission
A U.S. federal agency that oversees the securities markets and protects investors by maintaining fair, orderly, and efficient markets.
Social Security System
A governmental program designed to provide financial assistance to individuals during retirement, and in some cases, upon disability or to surviving family members upon a worker's death.
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