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Which of the Following Is Not Important Documentation for Substantive

Question 111

Multiple Choice

Which of the following is not important documentation for substantive procedures for capital stock and equity transactions?


A) Confirmations with transfer agent or shareholders.
B) The client's articles of incorporation.
C) A summary of the changes in equity accounts.
D) A memo regarding audit ideas generated during the brainstorming session regarding potential frauds applicable to the capital stock and equity transactions.

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