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Author Question: Auditing standards specifically require auditors to identify ________ as a fraud risk in most audits. (Read 27 times)

olsonmanny@gmail.com

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on: Aug 21, 2022

Question 1

Analytical procedures can be very effective in detecting inventory fraud. Which of the following analytical procedures would not be useful in detecting fraud?
◦ gross margin percentage
◦ inventory turnover
◦ cost of sales percentage
◦ accounts receivable turnover

Question 2

Auditing standards specifically require auditors to identify ________ as a fraud risk in most audits.
◦ overstated assets
◦ understated liabilities
◦ revenue recognition
◦ overstated expenses
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by olsonmanny@gmail.com on Aug 21, 2022

DevinBrifm

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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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olsonmanny@gmail.com

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

carojassy25

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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