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Author Question: A high inherent risk increases planned detection risk and decreases planned substantive tests. (Read 67 times)

blkth103

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on: Aug 21, 2022

Question 1

Which of the following types of receivables would not deserve the special attention of the auditor?
◦ accounts receivables with credit balances
◦ accounts that have been outstanding for a long time
◦ receivables from related parties
◦ Each of these would receive special attention.

Question 2

A high inherent risk increases planned detection risk and decreases planned substantive tests.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by blkth103 on Aug 21, 2022

bobbbbb

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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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blkth103

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

parshano

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

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