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Author Question: Which of the following audit tests would provide evidence regarding the balance-related audit ... (Read 65 times)

Deej

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Question 1

Which balance-related audit objective is important for uncovering both errors and fraud?
◦ completeness
◦ existence
◦ accuracy
◦ detail tie-in

Question 2

Which of the following audit tests would provide evidence regarding the balance-related audit objective of existence for an audit of notes payable?
◦ Examine due dates on duplicate copies of notes.
◦ Examine balance sheet for proper presentation and disclosure of notes payable.
◦ Examine corporate minutes for loan approval.
◦ Foot the notes payable list for notes payable and accrued interest.


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Marked as best answer by Deej on Aug 21, 2022

Snabbey

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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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Deej

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Reply 2 on: Aug 21, 2022
:D TYSM


laurnthompson

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

 

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