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Sagot :
When a client uses paper stock certificates, an auditor is most likely to trace treasury stock purchase transactions to the: Numbered stock certificates on hand.
It needs to be noted as a decrease in stockholders' equity (i.e., as a contra-equity account). Treasury stock should not be included in the average common shares outstanding for basic and diluted earnings per share since it is not counted as outstanding for share count purposes.
to confirm that the organization's treasury department is equipped with the proper access controls. to confirm that the organization has protected the data and documents connected to treasury operations. to certify that all transactions have been accurately documented in the entity's books of accounts.
To know more about Treasury stock, refer:
https://brainly.com/question/15852051
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