Question: A client uses a suspense account for unresolved questions whose final accounting has not been determined. If a balance remains in the suspense account at

A client uses a suspense account for unresolved questions whose final accounting has not been determined. If a balance remains in the suspense account at year-end, the auditor would be most concerned about

a. Suspense debits that management believes will benefit future operations.

b. Suspense debits that the auditor verifies will have realizable value to the client.

c. Suspense credits that management believes should be classified as “Current liability.”

d. Suspense credits that the auditor determines to be customer deposits.

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