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Author Question: In testing for cutoff, the objective is to determine (Read 102 times)

emoedee

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on: Aug 21, 2022

Question 1

Balance-related audit objectives
◦ are never applied to income statement accounts.
◦ are designed to detect fraud.
◦ provide a framework to help the auditor accumulate sufficient appropriate evidence related to account balances.
◦ can have only one specific-related audit objectives.

Question 2

In testing for cutoff, the objective is to determine
◦ whether all of the current period's transactions are recorded.
◦ whether transactions are recorded in the correct accounting period.
◦ the proper cutoff between capitalizing and expensing expenditures.
◦ the proper cutoff between disclosing items in footnotes or in account balances.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by emoedee on Aug 21, 2022

msgero

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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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emoedee

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

xthemafja

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

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