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KNOWLEDGE CHECK

ESOPs
Internal controls/service organizations

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* In an ESOP, the auditor must obtain an understanding of internal controls in which of the following areas?

Employer contribution allocations.

Valuation of qualifying employer securities.

Unallocated shares in a leveraged plan.

All of the above.

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KNOWLEDGE CHECK

ESOPs Internal controls/service organizations

ESOPs Internal controls/service organizations

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ESOPs
Internal controls/service organizations

ESOPs
Internal controls/service organizations