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Author Question: The purpose of tests of controls is to provide reasonable assurance that the (Read 58 times)

0220521

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on: Aug 21, 2022

Question 1

The primary emphasis in most tests of details of balances is on the
◦ balance sheet accounts.
◦ revenue accounts.
◦ cash flow statement accounts.
◦ expense accounts.

Question 2

The purpose of tests of controls is to provide reasonable assurance that the
◦ accounting treatment of transactions and balances is valid and proper.
◦ internal control procedures are functioning as intended.
◦ entity has complied with GAAP disclosure requirements.
◦ entity has complied with requirements of quality control.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by 0220521 on Aug 21, 2022

Preeti

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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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0220521

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

scikid

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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