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Describe a liability that could be uncovered

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Question 1 : As part of the audit of different audit areas, it is important to be alert to the possibility of unrecorded liabilities. For each of the following audit areas or accounts, describe a liability that could be uncovered and the audit procedures that could uncover it:

a. minutes of the board of directors' meetings

b. land and buildings

c. rent expense

d. interest expense

Reference no: EM132567872

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