This topic contains a solution. Click here to go to the answer

Author Question: Which of the following isnota common audit procedure used to search for contingent liabilities? (Read 46 times)

903f23fj0

  • Full Member
  • ***
  • Posts: 151

Question 1

Which of the following is a contingent liability with which an auditor is particularly concerned?

Notes receivable discountedProduct warranties
YesYes


Notes receivable discountedProduct warranties
NoNo


Notes receivable discountedProduct warranties
YesNo


Notes receivable discountedProduct warranties
NoYes


Question 2

Which of the following is not a common audit procedure used to search for contingent liabilities?
◦ examine letters of credit
◦ examine payroll reports
◦ review internal revenue agent reports
◦ analyze legal expense


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 903f23fj0 on Aug 21, 2022

xinyiff

  • Full Member
  • ***
  • Posts: 181
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




903f23fj0

  • Member
  • Posts: 151
Reply 2 on: Aug 21, 2022
Wow, this really help


pratush dev

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

For a complete list of videos, visit our video library