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 70 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
YES! Correct, THANKS for helping me on my review

epscape

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

To increase pressure using body weight, lean on your client. To increase pressure using body weight, lean on your client.
Number and label designations for oxygen sensors. Bank 1 is the bank where cylinder number 1 is ... Number and label designations for oxygen sensors. Bank 1 is the bank where cylinder number 1 is ...
The West Bank Challenge The West Bank Challenge
Greet a First-Time Client With a Firm Handshake. Greet a First-Time Client With a Firm Handshake.
Building a Client Base Cont. Building a Client Base Cont.
Testing the Achilles tendon reflex with client in a sitting position Testing the Achilles tendon reflex with client in a sitting position
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library