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Audits of Foreign Exchange Transactions May Include of the Following

Question 379

Multiple Choice

Audits of foreign exchange transactions may include of the following objectives and tasks EXCEPT:


A) Determine whether internal controls over the authorization of transaction are adequate
B) Determine whether the valuation of transactions is properly calculated
C) Determine whether net assets, dividends, interest, and taxes are properly calculated and recorded
D) Determine that transactions are properly recorded on cash flow statement

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