Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
New Topic  
Cadish Cadish
wrote...
Posts: 694
Rep: 7 0
6 years ago
As part of the audit of dividends, the auditor would verify whether the payment was made to the shareholders who owned the stock at the dividend record date. Which of the following audit tests assists with this objective?
A) examine the minutes of board of directors' meetings for the amount of the dividend per share and the dividend date
B) review the permanent audit working paper file to determine if there are restrictions on the payment of dividends
C) recomputed the amount of dividends declared by multiplying the dividend amount per share by the number of shares outstanding
D) select a sample of recorded dividend payments and trace the payee's name on the cancelled cheque to the dividend records
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
Authors:
Read 65 times
2 Replies
Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
Replies
Answer verified by a subject expert
victroxvictrox
wrote...
Posts: 445
Rep: 9 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Cadish Author
wrote...
5 years ago
Great helper
Auditing: The Art and Science of Assurance Engagements, Twelfth Canadian Edition, 12/E (Arens, Elder, Beasley, Splettstoesser)
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1404 People Browsing
 132 Signed Up Today
Related Images
  
 265
  
 1029
  
 299
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352