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Author Question: Determining if the financial instruments included in the schedule of investment activity at year-end ... (Read 58 times)

tspaw0811

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on: Aug 21, 2022

Question 1

As part of their internal control procedures, management needs to have procedures in place to properly classify financial instruments as trading, available-for-sale, or held-to-maturity, based on
◦ cost.
◦ intent.
◦ maturity.
◦ probable future gain or loss.

Question 2

Determining if the financial instruments included in the schedule of investment activity at year-end are stated at appropriate amounts in accordance with accounting standards is the balance-related audit objective of
◦ materiality.
◦ realizable value.
◦ consistency.
◦ classification.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by tspaw0811 on Aug 21, 2022

dsfhkjdfaskjfdsjk

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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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tspaw0811

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

cassie_ragen

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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