If the Auditor Wants to Obtain Evidence as to Whether

question 66

Multiple Choice

If the auditor wants to obtain evidence as to whether the dividend payment was made to the stockholders who owned the stock as of the dividend record date,which of the following would the auditor do?

• A)Recalculate the dividends per share.
• B)Examine the minutes of the board of directors' meetings for authorization.
• C)Trace the payee's name on the canceled check to the dividend records.
• D)Determine that dividend restrictions are adequately disclosed in the financial statements.

---

Definitions:

AIDA Approach

A marketing strategy blueprint that stands for Attention, Interest, Desire, Action; used to guide the process of advertising or selling products and services.

Community Building

The process of fostering and strengthening the relationships and connections among individuals within a group or geographic area to create a sense of belonging.

Bait and Switch Advertising

A deceptive marketing practice where customers are lured by an advertisement for a product at a low price, only to be steered towards a more expensive item.

Conversational Style

A method of communication that is informal and natural, mimicking everyday spoken conversation.