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

Author Question: When auditing financial instruments, analytical procedures can be used to (Read 26 times)

olgamartinez04

  • Full Member
  • ***
  • Posts: 124
on: Aug 21, 2022

Question 1

When auditing financial instruments, a confirmation is sent to the broker-dealer
◦ only if the client has poor internal controls.
◦ to confirm interest and dividends.
◦ to provide assurance on realizable value.
◦ to confirm year-end holdings.

Question 2

When auditing financial instruments, analytical procedures can be used to
◦ test the reasonableness of interest and dividend income.
◦ test the year-end balance.
◦ determine if the financial instruments were properly valued.
◦ determine if the gain or loss on the sales were properly computed.
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 olgamartinez04 on Aug 21, 2022

Burly

  • Full Member
  • ***
  • Posts: 167
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 39% of students answer this correctly


olgamartinez04

  • Member
  • Posts: 124
Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

adammoses97

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

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.

A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl A depiction of slaves on a South Carolina plantation, around 1790. Likely of Yoruba descent, they pl
Wrapping and Labeling Instruments for Autoclaving Wrapping and Labeling Instruments for Autoclaving
Sterilizing Instruments in an Autoclave Sterilizing Instruments in an Autoclave
Orthopedic instruments. Orthopedic instruments.
Radiology Procedures Not Requiring Contrast Media Radiology Procedures Not Requiring Contrast Media
Procedures and Diagnostic Tests Related to the Female Reproductive System Procedures and Diagnostic Tests Related to the Female Reproductive System
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library