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Author Question: Management has recorded prepaid insurance as an asset in the previous year. This year, to reduce ... (Read 37 times)

0220521

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on: Aug 21, 2022
Management has recorded prepaid insurance as an asset in the previous year. This year, to reduce record-keeping costs, it expenses insurance. If the amount is immaterial to the financial statements,
◦ a disclaimer opinion is issued.
◦ a qualified opinion is issued.
◦ a standard unmodified opinion audit report is issued.
◦ no audit report can be issued.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by 0220521 on Aug 21, 2022

jojomac20

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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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0220521

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

sarah_brady415

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

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