Scenario: The Department of Environment Services is scheduled for a financial audit. Which of the following scenarios would NOT be a concern during the audit? Whether the 14 street cleaners employed by the department could be replaced by a motorized sweeper to save $75,000 per year Whether permit fees collected by the department are remitted in their entirety to the city treasurer Whether the Department of Environment Services actually spent the $150,000 its reports say it did Whether the 700 gallons of gasoline purchased by the department were actually delivered
Scenario: The Department of Environment Services is scheduled for a financial audit. Which of the following scenarios would NOT be a concern during the audit? Whether the 14 street cleaners employed by the department could be replaced by a motorized sweeper to save $75,000 per year Whether permit fees collected by the department are remitted in their entirety to the city treasurer Whether the Department of Environment Services actually spent the $150,000 its reports say it did Whether the 700 gallons of gasoline purchased by the department were actually delivered
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 4MC
Related questions
Question
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Scenario: The Department of Environment Services is scheduled for a financial audit. Which of the following scenarios would NOT be a concern during the audit?
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Whether the 14 street cleaners employed by the department could be replaced by a motorized sweeper to save $75,000 per year
-
Whether permit fees collected by the department are remitted in their entirety to the city treasurer
-
Whether the Department of Environment Services actually spent the $150,000 its reports say it did
-
Whether the 700 gallons of gasoline purchased by the department were actually delivered
-
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