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Im having an online quiz in auditing and accounting subject,
Im having an online quiz in auditing and accounting subject, and I need it to be done today. The quiz takes 30 mins and I'm looking for expert to provide multiple choice answers within30mins … read more
Homeworkexpert12
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29. The risk that the auditor will not detect a material misstatement
29. The risk that the auditor will not detect a material misstatement that exists in an assertion is: a. control risk. b. audit risk. c. inherent risk. d. rejection risk. e. detection risk. 30. The as… read more
Manal Elkhoshkhany
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For Neo 16) The assessment of inherent risk requires considering
For Neo 16) The assessment of inherent risk requires considering matters that have a pervasive effect on assertions for all or many accounts and matters that may pertain only to assertions for specifi… read more
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For Neo 34) In performing tests of details of balances,
For Neo 34) In performing tests of details of balances, the auditor would obtain the bank statement directly from the bank, prepare the bank reconciliation, and verify all reconciling items and mathem… read more
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Neo
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29. The risk that the auditor will not detect a material misstatement
29. The risk that the auditor will not detect a material misstatement that exists in an assertion is: a. control risk. b. audit risk. c. inherent risk. d. rejection risk. e. detection risk. 30. The as… read more
Manal Elkhoshkhany
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1. Chapter 1 An audit that involves obtaining and evaluatin
1. Chapter 1 An audit that involves obtaining and evaluating evidence in order to determine whether certain financial or operating activities of an entity conform to specified conditions, rules, or re… read more
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FOR NEO 1. Most audit work in a financial statement audit
FOR NEO 1. Most audit work in a financial statement audit consists of obtaining and evaluating evidence about A. Internal controls. B. Assertions. C. Fraud. D. Material errors. 2. The existence of aud… read more
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FOR NEO 6. Inherent risk and control risk differ from detection
FOR NEO 6. Inherent risk and control risk differ from detection risk in that they A. Arise from the misapplication of auditing procedures. B. May be assessed in either quantitative or non-quantitative… read more
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FOR NEO 11. Which of the following is a false statement
FOR NEO 11. Which of the following is a false statement about materiality? A. The concept of materiality recognizes that some matters are important for fair presentation of financial statements in con… read more
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1. Ratio analysis only involves a year-to-year comparison of
1. Ratio analysis only involves a year-to-year comparison of account balances. (Points: 4) True False 2. When control risk is assessed at a maximum level, the auditor assumes that the internal control… read more
atluriram
atluriram
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For business tutor 1. Developing an understanding of the
"For business tutor" 1. Developing an understanding of the client's business and industry is essential to proficiency as discussed in the general standards of GAAS. (Points: 4) True False 2. Ratio ana… read more
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FOR STEPHEN L ONLY How are the 3 risks that make up audit
FOR STEPHEN L ONLY: How are the 3 risks that make up audit risk inter-related? I need about 100 words by Sunday. If the soruces I provided aren't enough to answer the question, let me know and ill get… read more
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FOR STEPHEN L ONLY 1. How does the auditors understanding
FOR STEPHEN L ONLY: 1. How does the auditor's understanding of internal control differ for assertions where the auditor plans a lower assessed level of control risk approach vs. a primarily substantiv… read more
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Steve
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Developing an understanding of the clients business and industry
Developing an understanding of the client's business and industry is essential to proficiency as discussed in the general standards of GAAS. T of F Ratio analysis only involves a year-to-year comparis… read more
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1. Developing an understanding of the clients business and
1. Developing an understanding of the client's business and industry is essential to proficiency as discussed in the general standards of GAAS. True False 2. Ratio analysis only involves a year-to-yea… read more
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16. Materiality underlies the application of generally accepted
16. Materiality underlies the application of generally accepted auditing standards, particularly the: a. general and field work standards. b. general and reporting standards. c. field work and reporti… read more
atluriram
atluriram
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I have 20 mutiple choice question from Contempary auditing
I have 20 mutiple choice question from Contempary auditing class 1 Which one of the following types of services offered by a CPA is not an attest service? a. examination b. review c. performing agreed… read more
atluriram
atluriram
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5-2 What is the difference to an auditor between a
5-2 What is the difference to an auditor between a 'financial statement risk' versus an 'assertion level risk'? Assertion level risk is one that influences only one or a few assertions. For example, p… read more
Neo
Neo
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