2. In performing a search for unrecorded liabilities, the auditor should ...

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Accounting

2. In performing a search for unrecorded liabilities, the auditor should
a. Set a threshold, usually based on planning materiality, above which all payments will be selected
b. Set a threshold, usually based on planning materiality, below which all payments will be selected
c. Set a threshold, usually based on the size of the accounts payables balance, above which all payments will be selected
d. Set a threshold, usually based on the size of the accounts payables balance, below which all payments will be selected

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