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Author Question: The primary purpose of audit procedures is to (Read 59 times)

kmcolvin

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on: Aug 21, 2022

Question 1

The evaluations of financial information through analysis of plausible relationships among financial and nonfinancial data is the definition of
◦ analytical procedures.
◦ tests of transactions.
◦ tests of balances.
◦ auditing.

Question 2

The primary purpose of audit procedures is to
◦ detect all errors or fraudulent activities as well as illegal activities.
◦ comply with auditing standards promulgated by the PCAOB for publicly held clients.
◦ gather corroborative audit evidence about management's assertions regarding the client's financial statements.
◦ determine the amount of errors in the balance sheet accounts in order to adjust the accounts to actual.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by kmcolvin on Aug 21, 2022

marufp

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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kmcolvin

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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