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

Author Question: Auditor confirmation of accounts payable balances at the balance sheet date maynotneed to be ... (Read 60 times)

Deej

  • Full Member
  • ***
  • Posts: 144
on: Aug 21, 2022

Question 1

Discuss the circumstances in which it is desirable to send confirmation requests to the client's vendors.

Question 2

Auditor confirmation of accounts payable balances at the balance sheet date may not need to be performed by the auditor because
◦ this is a duplication of cutoff tests.
◦ there is likely to be other reliable external evidence available to support the balances.
◦ accounts payable balances at the balance sheet date may not be paid before the audit is completed.
◦ correspondence with the audit client's attorney will reveal all legal action by vendors for nonpayment.
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 Deej on Aug 21, 2022

zubair1583

  • Full Member
  • ***
  • Posts: 175
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 25% of students answer this correctly


Deej

  • Member
  • Posts: 144
Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

After a vasectomy, it takes about 12 ejaculations to clear out sperm that were already beyond the blocked area.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Meiosis Accounts for Independent Assortment of Alleles p2 Meiosis Accounts for Independent Assortment of Alleles p2
Sodium Balance Sodium Balance
A chart derived from a flow sheet. A chart derived from a flow sheet.
The most common drug used to facilitate date rape is alcohol, not GHB. The most common drug used to facilitate date rape is alcohol, not GHB.
Electricity production accounts for 25% of greenhouse gas emissions Electricity production accounts for 25% of greenhouse gas emissions
Acid–Base Balance Acid–Base Balance
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library