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

Author Question: In addition to confirming bank balances of your audit client, a bank confirmation would normally contain (Read 32 times)

april 19

  • Full Member
  • ***
  • Posts: 136
on: Aug 21, 2022

Question 1

If an auditor waits until the subsequent period bank statement is available to verify reconciling items, it is primarily a test for
◦ errors.
◦ omissions.
◦ kiting.
◦ intentional misstatements.

Question 2

In addition to confirming bank balances of your audit client, a bank confirmation would normally contain
◦ the client's bank loans with due date, interest rate, and collateral requested.
◦ the client's credit history as regards to paying back loans.
◦ the client's managements bank account information.
◦ the client's business prospects.
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 april 19 on Aug 21, 2022

knguyen

  • Full Member
  • ***
  • Posts: 139
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 56% of students answer this correctly


april 19

  • Member
  • Posts: 136
Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

frankwu0507

  • Member
  • Posts: 322
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

A nurse shows empathy to a client. A nurse shows empathy to a client.
To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
Building a Client Base Building a Client Base
Measuring the client’s blood pressure Measuring the client’s blood pressure
The client is positioned for the examination The client is positioned for the examination
Addition of 0.0125 mol HCl to 150 mL of a 0.150 M formic acid/0.100 M sodium formate buffer ... Addition of 0.0125 mol HCl to 150 mL of a 0.150 M formic acid/0.100 M sodium formate buffer ...
Video: Types of disease resistance: innate defenses & immunity

For a complete list of videos, visit our video library