This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Preliminary analytical procedures for an audit client focusing on liquidity activity ratios find ... (Read 14 times)

xman15.

  • Full Member
  • ***
  • Posts: 155
on: Aug 21, 2022

Question 1

Preliminary analytical procedures can help the auditor assess client business risk.
◦ true
◦ false

Question 2

Preliminary analytical procedures for an audit client focusing on liquidity activity ratios find that the client's accounts receivable turnover ratio is significantly better than in previous years. The ratio is also significantly better compared to similar firms in the same industry. The results of this ratio indicate, preliminarily, that the accounts receivable area has been identified as having increased risk to the auditor.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by xman15. on Aug 21, 2022

ellie

  • Full Member
  • ***
  • Posts: 168
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.
Answer Preview
Only 58% of students answer this correctly


xman15.

  • Member
  • Posts: 155
Reply 2 on: Aug 21, 2022
Wow, this really help

robbielu01

  • Member
  • Posts: 336
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

How to manually find the mean, variance, and standard deviation for a set of numbers How to manually find the mean, variance, and standard deviation for a set of numbers
People in poor, urban areas often find themselves in “food deserts" People in poor, urban areas often find themselves in “food deserts"
Peer group activity of adolescents Peer group activity of adolescents
Graphs of Primary Trigonometric Ratios Graphs of Primary Trigonometric Ratios
Find the voltage, current and power for each resistor in the circuit below Find the voltage, current and power for each resistor in the circuit below
Find derivative using quotient rule Find derivative using quotient rule
Video: Chemical Messengers Animation

For a complete list of videos, visit our video library