During the audit of the dividends declared and paid account, what is one procedure the auditor can
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Question:
During the audit of the dividends declared and paid account, what is one procedure the auditor can perform to verify the accuracy of the ($) amount paid.
options:
| Compare the total amount of dividends paid as a percent of net income |
| Multiply the number of shares issued and outstanding by the dividend per share |
| Multiply the number of shares issued and outstanding by EPS |
| Divide the net income for the year by the number of authorized shares in the company's articles of incorporation and compare it to the dividend per share |
Related Book For
Fraud examination
ISBN: 978-0538470841
4th edition
Authors: Steve Albrecht, Chad Albrecht, Conan Albrecht, Mark zimbelma
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