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Find what would auditor related expense has been properly

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Reference no: EM132574577

Workers' Compensation Insurance contract amount for fiscal year 2021 policy year is pre-paid in November 2020 (dr. Pre-paids, cr. Cash).

Question 1: For this scenario what would the auditor conclude on whether the related expense has been properly included, properly excluded, improperly included, or improperly excluded in 2020? Are none of the listed options (properly included, properly excluded, improperly included, or improperly excluded) correct?

Reference no: EM132574577

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