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Author Question: Financial statement matters like estimates for the allowance for doubtful accounts and allowances ... (Read 317 times)

Labomba

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on: Aug 21, 2022

Question 1

Which of the following will generally be considered a significant risk?
◦ a sale to a customer
◦ the determination of the amount of bad debt expense
◦ the purchase of inventory
◦ obtaining a loan from the bank

Question 2

Financial statement matters like estimates for the allowance for doubtful accounts and allowances for slow-moving inventories, are deemed significant matters which should be addressed by auditor in their assessment of the risk of material misstatement.
◦ true
◦ false
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by Labomba on Aug 21, 2022

fdsajkl

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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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Labomba

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Reply 2 on: Aug 21, 2022
Wow, this really help

smrtceo

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

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