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Author Question: When testing the controls for the completeness transaction-related audit objectives, (Read 53 times)

Gabby

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on: Aug 21, 2022
When testing the controls for the completeness transaction-related audit objectives,
◦ failure to record the acquisition of goods or services will generally understate net income.
◦ failure to record the acquisition of goods or services has no impact on the balance sheet.
◦ it is generally easy for the auditor to determine whether unrecorded transactions exist.
◦ the audit time for accounts payable can be reduced if the client has effective internal controls and the auditor properly tests those controls.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Gabby on Aug 21, 2022

MistyHubbard

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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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Gabby

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

Sarahjh

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Reply 3 on: Yesterday
Wow, this really help

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